wealth

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Income
is a flow of factor incomes such as wages and earnings from work; rent from the ownership of land and interest & dividends from savings and the ownership of shares
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Wealth
is a stock of financial and real assets such as property, savings in bank and building society accounts, ownership of land and rights to private pensions, equities, bonds etc
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Absolute poverty
the number of households unable to afford certain basic goods and services
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Relative poverty
Relative poverty measures the extent to which a household’s financial resources falls below an average income level.
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positive externalities
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Card 2

Front

is a stock of financial and real assets such as property, savings in bank and building society accounts, ownership of land and rights to private pensions, equities, bonds etc

Back

Wealth

Card 3

Front

the number of households unable to afford certain basic goods and services

Back

Preview of the back of card 3

Card 4

Front

Relative poverty measures the extent to which a household’s financial resources falls below an average income level.

Back

Preview of the back of card 4

Card 5

Front

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Back

Preview of the back of card 5

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