People can accumulate savings, capital ownership, or natural-resource ownership {wealth}|. People have labor value, depending on education, training, natural ability, and labor-supply restrictions. People can benefit from taxation policy, by paying lower taxes, receiving subsidies, receiving benefits, or avoiding expenses. Wealth, labor, and tax policy are the three income sources. Income is price for wealth or labor use. Income varies by supply and demand, as does price.
Social Sciences>Economics>Microeconomics>Money
6-Economics-Microeconomics-Money
Outline of Knowledge Database Home Page
Description of Outline of Knowledge Database
Date Modified: 2022.0224