Income Distribution in the US Economy
The various definitions of an economy have the tendency in defining one integrated system leading up to production, its exchange and consumption. The activities in an economy and the transactions the players in the economy make are party to the economy.
People are the greatest and the most important props in the running and the well-being of an economy. The people are in charge of the decisions of buying and selling of goods and services. Economies base themselves on these core activities mentioned.
Explain the Income Distribution in the US Economy.
