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underclass

 
 
/ˈʌndəˌklɑːs/ noun [C, usually singular] ECONOMICS

Definition

the poorest people in a society, especially when discussing their lack of opportunities to find work: Letting guest workers into America doesn't create an underclass. The nation needs to reduce the vast gap between the wealthy and a jobless underclass.
(Definition of underclass noun from the Cambridge Business English Dictionary © Cambridge University Press)

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