Related topics: earnings

The promise of using WhatsApp for low-tech distance learning

WhatsApp is one of the most widely-used communication apps in South Africa. Though it's often portrayed in the news as a way to spread disinformation, it shows surprising potential as a tool for online learning during the ...

Disparities in a common air pollutant are visible from space

As a global center for petrochemical manufacturing, Houston, Texas, experiences some of the worst air quality in the country, according to the U.S. Environmental Protection Agency. Evidence suggests that air pollution disproportionately ...

Social distancing varies by income in US

Wealthier communities went from being the most mobile before the COVID-19 pandemic to the least mobile, while poorer areas have gone from the least mobile to the most mobile, according to a study by the University of California, ...

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Income

Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms. However, for households and individuals, "income is the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings received... in a given period of time." For firms, income generally refers to net-profit: what remains of revenue after expenses have been subtracted. In the field of public economics, it may refer to the accumulation of both monetary and non-monetary consumption ability, the former being used as a proxy for total income.

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