Business Studies, asked by taeradixon2002, 1 year ago

What is the difference between earned income and unearned income?

Answers

Answered by VashisthAtul
3
Earned Income
The monetary benefit you receive for the work you do.
Unearned Income
The money you receive without actively working, often associated with "passive income".
Answered by Arslankincsem
1

Earned income is the income you earn, as the name suggests, the work you put in, you get paid for it.


Earned income is a benefit but a monetary right.


Unearned income is something you get which you don’t earn, as the name suggests.


It is a benefit but it is not a monetary right.

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