Difference between revisions of "Income"
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'''Income''' is money earned, generally through [[labor]] or [[investment]]. In the United States, income is generally calculated and related in dollars/year. | '''Income''' is money earned, generally through [[labor]] or [[investment]]. In the United States, income is generally calculated and related in dollars/year. | ||
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| + | Income level also carries with it social stratification effects: The more money you make, the more people making more money you get to socialize with. | ||
Revision as of 21:56, September 17, 2007
Income is money earned, generally through labor or investment. In the United States, income is generally calculated and related in dollars/year.
Income level also carries with it social stratification effects: The more money you make, the more people making more money you get to socialize with.