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Adverse psychosocial experiences in early life
Compensating Differential
Additional income or benefits offered to employees to offset the unpleasant aspects or higher risks of a particular job.
Transfer Payments
Payments made by the government to individuals without any expectation of goods or services in return, such as welfare or social security.
Redistribution Programs
Government policies designed to redistribute income and wealth from wealthier segments of society to poorer ones, often through taxation, welfare, and public services.
Human Capital
The economic value of a worker's experience and skills, including education, training, intelligence, and health, influencing productivity and earning potential.
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