One Minute Economics: Net vs. Gross (Income, Pay/Salary, etc.) in One Minute: Definition/Difference, Explanation, Examples

  • Monday, 02 July 2018 07:12
Way too many people think they understand the difference between net and gross (so the difference between net income and gross income, the difference between net pay/salary and gross pay/salary, etc.) but unfortunately, they usually don't understand the concepts properly. Through this video, I did my best to provide an easy-to-understand definition and especially explanation of net and gross (income, pay/salary, you name it). Also, through carefully-chosen examples, I hope I've managed to get the message across in a way that leaves little room for interpretation. If you'd like to follow me on social media, use one of the links below: https://www.facebook.com/oneminuteeconomics https://twitter.com/andreipolgar https://ro.linkedin.com/in/andrei-polgar-9a11a561

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