Define Both Income and Wealth

question 63

Essay

Define both income and wealth. Describe and explain their distribution in the United States (equal/unequal), and how that distribution has varied over time.

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Definitions:

Developmental Mechanisms

Biological and environmental processes that guide growth and development in organisms from conception to maturity.

Ultimate Question

In evolutionary biology, a term referring to the inquiry into the evolutionary reasons or purposes behind the existence of a trait or behavior.

Adaptive Value

The extent to which a trait, behavior, or characteristic increases the survival and reproductive success of an organism in its environment.

Mechanistic Causes

Explanations based on the physical and biochemical processes underlying phenomena, often used in scientific contexts to understand biological functions.