Income is what an individual receives in exchange for his/her labor or services provided, while earnings are profits that individuals gain from their investments, such as stocks, bonds, real estate, and Forex trading. Income is usually predefined and limited to the wage or salary received, while earnings can be variable and potentially unlimited. Forex trading involves buying and selling foreign currency to make a profit on price movements. Leverage is available, which makes it possible to make a larger return on a small investment than from most other investments, but there is also high risk involved, not only of losing the invested capital but also of having large losses due to adverse exchange rate movements.
Separation of powers is a foundational concept in the modern system of government. It is the idea that power is divided among the legislative, executive, and judicial branches of government. This ensures that no one branch has absolute authority over the others. Each branch serves a separate purpose and all are responsible for carrying out their duties as set by the Constitution. Separation of powers further ensures that each branch can effectively exercise its constitutional authority, which in turn provides a check and balance on the actions of the other branches. By limiting the ability of any one branch to exercise too much control, separation of powers allows citizens to be protected from potential abuse of power.