Explain the Concept of a Value Network

question 88

Essay

Explain the concept of a value network.

---

Definitions:

Tax Liability

The total amount of tax that an individual or organization owes to the government.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, especially the elderly and disabled.

Payroll Taxes

Levies placed on either employers or employees, typically based on a proportion of the wages that staff receive from their employers.

Temperance

Moderation or self-restraint, especially in eating and drinking.