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:

    As we grow older, we increase in folly—and in wisdom.
    François, Duc De La Rochefoucauld (1613–1680)

    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.)

    I know everybody’s income and what everybody earns,
    And I carefully compare it with the income-tax returns;
    Sir William Schwenck Gilbert (1836–1911)