DESCRIPTION OF THE IMPACT OF INCOME GROWTH ON THE MATERIAL WELL-BEING OF THE FAMILY

The article reveals the economic significance of the income of the population, as well as the importance of ensuring the economic stability of the family and its necessity. Ensuring the economic stability of the family is largely related to its economic activity. The income of the population is the share of the participant in the economy in the gross domestic product, which affects them in the form of money, depending on what they earn. This principle takes into account, firstly, economic opportunities and, secondly, the needs of the vulnerable population. Even if the needy do not work or do not work, they will receive benefits provided by the state, public organizations and firms. Income from employment is the income of employees and consists of wages and bonuses that are separated from various benefits. Entrepreneurial income also includes profits earned by small business owners, farmers, and the self-employed. But at the moment, the importance of dividends in family income is not significant.