Income comes from the Latin ingressus , it is the action of entering or the space where you enter, for example "The client entered the establishment through the back door" or it can also be the act of being admitted to a corporation or starting to enjoy a job or something else. For example "After the corresponding interview, the lady entered the sales department."
In economics, income is the assets that come into the power of a person or an entity. A subject can receive income(money) for their work, commercial or productive activity: “I work ten hours a day but the income is not enough”, “This month's sales increased the company's income”, “I would like to save to buy a car but, with this income, it is almost impossible ”. Entry can also be defined as entry into a situation, place, or environment. So when we say what income do you have? We are asking how much money or assets entered your estate in a given period of time; When we talk about an entrance course to enter a college or a faculty, we refer to the subjects that must be passed to be admitted to these houses of study. in other words, when we talk about income, we refer to the specific case of economicsthey are all the financial inputs received by a person, a family, a company, an organization, a government, among others. The type of income that a person or a company or organization receives depends on the type of activity that they carry out (a job, a business, some sales, etc.). The income is a remuneration obtained for carrying out said activity. Usually in the form of money, the income can be from a sale of merchandise, from bank interest on an account, from loans, or any other source.
