The factor that leads to the LARGEST difference in households' incomes is

Question

Quizplus · Accepted Answer

Education level is the factor that has the largest impact on households' incomes. Education is closely correlated with earning potential, as those with higher levels of education often have more specialized skills and knowledge that are in high demand in the workforce. This can result in larger salaries and more opportunities for career advancement, leading to higher incomes overall. Ethnicity, household size, gender, and location can all have an impact on household income, but education remains the most significant factor.

The Factor That Leads to the LARGEST Difference in Households