Examlex
What is meant by nonlabor or nonwage income? Please give examples.
Social Class
Social class refers to divisions within a society based on social and economic status, often determined by wealth, occupation, and educational attainment.
Education Attainment
The highest level of education an individual has completed, often used as an indicator of social and economic status.
Educated Country
A nation characterized by a high level of education among its population, often measured by literacy rates, educational attainment, and access to quality education.
Wealthy Country
A wealthy country is characterized by a high gross domestic product (GDP) per capita, indicating significant economic resources and a high standard of living among its population.
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