Wealth refers to money earned from wages and rents,whereas income refers to assets.

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Wealth refers to the total value of assets owned by an individual or household, including but not limited to money earned from wages and rents. Income refers to the money earned through wages, rents, investments, and any other sources. Therefore, both wealth and income can include money earned from wages and rents, but they are not interchangeable terms.

Wealth Refers to Money Earned from Wages and Rents,whereas Income