Income levels refer to the different amounts of money that individuals or households earn over a specific period, usually a year. These levels can vary widely, with some people earning very little, while others make a substantial income. Understanding income levels helps us see how wealth is distributed in society and can influence access to resources like education and healthcare. Income levels are often categorized into groups, such as low, middle, and high income. For example, a low-income family may struggle to meet basic needs, while a high-income individual might enjoy a comfortable lifestyle. These classifications help policymakers create programs to support those in need and promote economic growth.