Economics A-Level
Intergenerational Wealth
What Intergenerational Wealth means in Economics A-Level, as defined for AQA.
Definition of Intergenerational Wealth
Check what you remember
Read the wording for your board, then hide it and explain Intergenerational Wealth in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Wealth passed between generations through inheritance and intergenerational transfers, which significantly impacts the distribution of wealth.
Topics that use Intergenerational Wealth
- The distribution of income and wealth (AQA A-Level)
Related terms
- Asset Ownership
- Asset Price Inflation
- Equality
- Equity
- Equity vs efficiency
- Flow vs Stock
- Gini coefficient
- Government intervention
Using Intergenerational Wealth in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge