Income - Increase in Income

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:

    “I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.”
    —William Howard Taft (1857–1930)

    “There is held to be no surer test of civilisation than the increase per head of the consumption of alcohol and tobacco. Yet alcohol and tobacco are recognisable poisons, so that their consumption has only to be carried far enough to destroy civilisation altogether.”
    —Havelock Ellis (1859–1939)

    “Happy are those who find wisdom, and those who get understanding, for her income is better than silver, and her revenue better than gold. She is more precious than jewels, and nothing you desire can compare with her. Long life is in her right hand; in her left hand are riches and honor. Her ways are ways of pleasantness, and all her paths are peace. She is a tree of life to those who lay hold of her; those who hold her fast are called happy.”
    —Bible: Hebrew, Proverbs 3:13-18.