The sum of earnings from work and other sources.

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $25.99Unlock all

Explore the IGCSE Sociology Exam. Study with comprehensive quizzes featuring multiple-choice questions, detailed explanations, and hints. Prepare confidently for your exam!

Multiple Choice

The sum of earnings from work and other sources.

Explanation:
Income is the total money a person or household receives over a period from all sources. The phrase “sum of earnings from work and other sources” fits that definition exactly, since it includes wages or salary plus additional money coming in from investments, benefits, rents, and similar sources. The other terms describe a social class, a government system, or a belief about how rewards are distributed, not the amount of money people receive. So income is the best fit for what the statement defines.

Income is the total money a person or household receives over a period from all sources. The phrase “sum of earnings from work and other sources” fits that definition exactly, since it includes wages or salary plus additional money coming in from investments, benefits, rents, and similar sources. The other terms describe a social class, a government system, or a belief about how rewards are distributed, not the amount of money people receive. So income is the best fit for what the statement defines.

More Multiple Choice Questions
Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy