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DIFFERENTIATE DIFFERENT FORMS OF EARNED INCOME.
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DIFFERENTIATE DIFFERENT FORMS OF EARNED INCOME.

User Imbond
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Answer:

There are three types: Earned, Capital gains and passive

Step-by-step explanation:

Earned: Requires you to trade time for money but can be earned quickly.

Capital Gains: Can be earned without ACTIVE work but takes a longer time. You get this by selling something/

Passive: Can be earned without ACTIVE work but takes a longer time. You get this after just one and investment that pays steadily like stock dividends.

For example, you could earn earned income from working a job, capital gains from buying and then selling a stock and passive income from stock dividends.

User Mkkhedawat
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