Social Psychology (10th Edition)
Social Psychology (10th Edition)
10th Edition
ISBN: 9780134641287
Author: Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher: Pearson College Div
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Question

What is the difference between wealth and income?

 

  1. Wealth refers to monetary assets (like savings). Income refers to real estate and other property.

     

  2. Wealth is what a person owns. Income is what a person earns over a given period of time.

     

  3. Income refers to monetary assets (like savings). Wealth refers to real estate and other property.

     

  4. Income is what a person owns. Wealth is what a person earns over a given period of time. 

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