Income-centered

Describing a focus or emphasis on income generation, financial gain, and the accumulation of wealth as a primary driver of decisions, actions, or societal structures. It implies that economic considerations, particularly those related to earnings and profit, hold significant weight and often take precedence over other values or concerns, such as social well-being, environmental sustainability, or ethical considerations. This perspective can be applied to individuals, businesses, governmental policies, or broader cultural trends. The pursuit of profit maximization and financial stability typically becomes the central organizing principle.

Income-centered meaning with examples

• The company's income-centered strategy prioritized aggressive sales targets and cost-cutting measures, even at the expense of employee morale and product quality. This approach, while boosting short-term profits, ultimately damaged their long-term brand reputation.
• Critics argued that the government's income-centered tax reforms disproportionately favored the wealthy, widening the income gap and neglecting the needs of low-income families and essential social programs. The focus seemed solely on corporate profit.
• Many families now have an income-centered lifestyle because of inflation and their need to continue to afford the high cost of living in their city. Two jobs are now necessary for many families to sustain their basic needs and quality of life.
• The study revealed an income-centered bias in healthcare, with access to quality medical care directly correlated to a patient's ability to pay, limiting options for less affluent patients and focusing on profits for the health system.