Question

What is the difference between income and wealth? How do people obtain wealth in the United States?

Answer 1

1. 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
2. people obtain wealth by having company's and businesses. music ,selling houses,amazon. by working