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Name a source of income associated with each of the following people: Retired person Employed person Unemployed person - Junior Cycle Business Studies - Question 12 - 2019

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Question 12

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Name a source of income associated with each of the following people: Retired person Employed person Unemployed person

Worked Solution & Example Answer:Name a source of income associated with each of the following people: Retired person Employed person Unemployed person - Junior Cycle Business Studies - Question 12 - 2019

Step 1

Retired person

96%

114 rated

Answer

A common source of income for a retired person is a pension. This often comes from previous employment and can be a critical part of retirement income.

Step 2

Employed person

99%

104 rated

Answer

The primary source of income for an employed person is their wages or salary, which they receive in exchange for their work.

Step 3

Unemployed person

96%

101 rated

Answer

An unemployed person may receive financial support such as job seekers allowance or dole, which helps sustain them while they seek employment.

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