Economics B A-Level
Wealth distribution
What Wealth distribution means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Wealth distribution
Check what you remember
Read the wording for your board, then hide it and explain Wealth distribution in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A stock of assets at a given point in time, which state services primarily affect only indirectly through real income and living standards.
Topics that use Wealth distribution
- Re-distribution of income and wealth (Pearson Edexcel A-Level)
Related terms
- Government intervention
- Incentives to work
- Income inequality
- Progressive taxation
- Relative poverty
- Taxation and benefits
- Income
- Labour market participation
Using Wealth distribution in the exam
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