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Public welfare assistance an individual may receive in a lifetime is limited to
Wealth
The accumulation of valuable financial assets and physical possessions which can be used to produce more income or sold for monetary value.
Income
The income earned, particularly on a consistent basis, from employment or investment returns.
Stock Concept
An economic term describing quantities measurable at a point in time, such as wealth or capital.
Flow Concept
A term used in economics and finance to describe quantities measured over a period of time, such as income or expenses.
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