Economics GCSE
Distribution of wealth and income
What Distribution of wealth and income means in Economics GCSE, as defined for AQA.
Definition of Distribution of wealth and income
Check what you remember
Read the wording for your board, then hide it and explain Distribution of wealth and income in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
Deciding who is to benefit from the goods and services produced determines how the output is distributed among the population, such as whether it is based on purchasing power or need.
Topics that use Distribution of wealth and income
- Economic activity (AQA GCSE)
Related terms
- Basic economic problem
- Circular flow of income
- Consumers
- Economic agents
- Economic welfare
- Goods
- Government
- Government intervention
Using Distribution of wealth and income 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 GCSE termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge