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lana66690 [7]
3 years ago
5

Income is generated through the ______ of goods and services. In the United States, ________ of all income takes the form of wag

es and salaries. The remaining ______goes to those who own the other factors of production, namely _______ and capital.
Business
1 answer:
Anna [14]3 years ago
3 0

Answer: please refer to the explanation section

Explanation:

income is Generate through the production of goods and services. in the united states <u>37.4% </u>of all income takes the form of wages and salaries. the remaining <u>62.6%</u> goes those who own the other factors of production namely <u>Land</u> and capital.

Share percentages were conducted by Mckinsey Global Institute 2014

https://www.mckinsey.com/featured-insights/employment-and-growth/a-new-look-at-the-declining-labor-share-of-income-in-the-united-states

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