Concept information
Preferred term
income distribution
Definition
- Income distribution, the apportionment of total national income among all the individuals and families in a country, is an issue closely tied to the way business operates within a society. In any market economy, it is business that generates most personal income, not only through wages and benefits but through interest, dividends, and stock appreciation as well. [Source: Encyclopedia of Business Ethics and Society; Income Distribution]
Broader concept
Narrower concepts
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/income_distribution
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