News tagged with income

Related topics: earnings

Child abuse rises with income inequality, study shows

As the Great Recession deepened and income inequality became more pronounced, county-by-county rates of child maltreatment – from sexual, physical and emotional abuse to traumatic brain injuries and death – worsened, ...

Feb 11, 2014
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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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