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What Is UML? What Are the Three Major Elements of UML

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What is UML? What are the three major elements of UML?


Definitions:

Disposable Income

Money that households can earmark for spending and saving after income taxes are considered.

Consuming Too Much

Consuming too much refers to the act of using or buying more resources or products than are needed, often leading to waste and potential environmental and economic consequences.

Saving Too Little

A situation where individuals or countries do not save enough income or resources for future needs, potentially leading to financial instability.

Disposable Income

Financial means left for households to spend and save after income tax obligations.

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