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What is difference between Factor Income …

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What is difference between Factor Income and Transfer Income? Explain with example...???

    • Posted by 🤓Ojha Raj Shakti Shivam📒📚📕 4 years ago

    CBSE > Class 12 > Economics
    • 2 answers

    Rubal Agnihotri 3 years, 9 months ago

    Factor incomes are earned incomes .These are the income earned in return if rendering factor services.while transfer incomes are unearned incomes. These incomes are not earned for rendering some factor services.

    0Thank You

    Vishesh Goyal 4 years ago

    Factors income is earned income whereas transfer income is unearned income

    1Thank You

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