Which of the Following Represents the Largest Source of Income

question 57

Multiple Choice

Which of the following represents the largest source of income for U.S.households?

• A)personal interest
• B)proprietor's income
• C)wages and salaries
• D)rental income
• E)transfer payments

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Definitions:

Critique

An analysis or evaluation of a subject, work, or performance, often highlighting its strengths and weaknesses from the critic's perspective.

Communism

An ideology focused on politics and economics that supports a society without classes, where the community collectively owns and manages the means of production.

Conflict Theory

A theoretical framework that views society as an arena of inequality generating conflict and social change.

Functionalism

A theoretical perspective in social science that emphasizes the societal structures which exist to maintain stability and order in society.