In a traditional Marxist sense, classes refer to the groups of owners of means of production on the one hand side and owners of the own workforce on the other.
Due to postfordist and neoliberal developments, which foster multiple social and economic inequalities, today social classes are determined largely by occupation, Education and qualifications, income (personal, household and per capita), wealth or net worth (including the ownership of land, property, means of production etc.). Classes with more power usually subordinate classes with less power, while attempting to cement their own power positions in society. Social classes with a great deal of power are usually viewed as elites, at least within their own societies.
There are many ways in which race, Gender, Class and sexual orientation are combined to determine a person's fate and economic status. Even class can have different meanings, for example in urban or rural areas; it matters different for different people.