Income - GCSE Sociology Definition

Income refers to the money that an individual or household receives on a regular basis, typically derived from work, investments, or benefits.

In the context of GCSE Sociology, understanding income is important for analysing social class, economic inequality, and the distribution of resources in society. It plays a crucial role in shaping people's lifestyles, opportunities, and access to services such as education and healthcare. Income disparities often highlight issues of social stratification, where different groups in society possess varying levels of economic power and privilege.