Question

what is income and what is wealth explain​

Answer 1

Answer:

Income is the flow of money that comes into a household from employers, owning a business, state benefits, rents on properties, and so on.

Wealth essentially represents people's savings and it's typically higher – and spread out more unevenly – than income. Wealth matters but, in some ways, income matters more.

Explanation:

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Answer 2

Income is the flow of money that comes into a household from employers, owning a business, state benefits, rents on properties, and so on. Wealth essentially represents people's savings and it's typically higher – and spread out more unevenly – than income. Wealth matters but, in some ways, income matters more.