Increase in Income
Income per capita has been increasing steadily in almost every country. Many factors contribute to people having a higher income such as Education, globalisation and favorable political circumstances such as economic freedom and peace. Increase income also tends to lead to people choosing to work less working hours. Developed countries defined as countries with a "developed economy" and higher incomes as opposed to a developing countries tend to have lower incomes.
Read more about this topic: Income
Famous quotes containing the words increase in, increase and/or income:
“The increase in wisdom can be measured precisely by the decrease in bile.”
—Friedrich Nietzsche (1844–1900)
“It shows nobility to be willing to increase your debt to a man to whom you already owe much.”
—Marcus Tullius Cicero (106–43 B.C.)
“Work though we must, our jobs do not automatically determine our priorities concerning our marriages, our children, our social life, or even our health. It’s still life, constrained as it may be by limited disposable income or leisure time, and we’re still responsible for making it something we enjoy or endure.”
—Melinda M. Marshall (20th century)