Income And Wealth Are Quizlet Sociology
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Income and wealth are quizlet sociology. Wealth is a family s or individual s net wroth total assests minus total debts. It measures the receipt of money per period of time. Click card to see definition. It measures the value of a a stock of assets at a given point of time.
A stock concept the economic resources and possessions of a person household at a fixed point in time. Start studying wealth and income. Problems with measuring wealth. Click again to see term.
Large scale national survey backed by the government. Learn vocabulary terms and more with flashcards games and other study tools. Choose from 144 different sets of wealth sociology flashcards on quizlet. Learn vocabulary terms and more with flashcards games and other study tools.
Income is money received by a person for work from transfers gifts inheritances or governemtn assistance or from returns on investments. Tap again to see term. Tap card to see definition. Learn wealth sociology with free interactive flashcards.
Here are ten concepts linked to income and wealth that you can check and revise using this quizlet activity. Income is a flow. What is the difference between income and wealth. Start studying sociology wealth and income.
What is the difference between income and wealth.