Income and Earning
Michigan Standards. Income is money that people earn from working. It is also referred to as wages or salaries. Earning is receiving money for work done or services performed.
Study GuideIncome and Earning Worksheet/Answer keysIncome and Earning Worksheet/Answer keysIncome and Earning Worksheet/Answer keysIncome and Earning
The resources above correspond to the standards listed below:
E1. Market Economy: Use fundamental principles and concepts of economics to understand economic activity in a market economy.
3-E1.0.2. Identify incentives (e.g., sales, tax breaks) that influence economic decisions people make in Michigan.
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