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What Do We Call Income That Is NOT Spent on Consumption

question 28

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What do we call income that is NOT spent on consumption goods?


Definitions:

Hull House

A settlement house founded by Jane Addams and Ellen Gates Starr in 1889 in Chicago, aimed at improving social and living conditions for immigrants and the poor.

Denis Kearney

An Irish-American immigrant known for his role in the late 19th century as a labor leader in California, advocating against Chinese immigration.

Chinese Descent

Individuals or populations that originate from China, sharing cultural, linguistic, or ancestral ties to the country.

Social Darwinism

A theory applying natural selection and survival of the fittest to sociology, economics, and politics, often used to justify political conservatism, imperialism, and racism.

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