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Who has given the wealth definition?

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Who has given the wealth definition?

Posted by ☘Megha Seervi☘ 6 years, 10 months ago

CBSE > Class 11 > Economics

2 answers

☘Megha Seervi☘ 6 years, 10 months ago

Who given this defination?

Aryan S 6 years, 10 months ago

Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of resources. Specific people, organizations and nations are said to be wealthy when they are able to accumulate many valuable resources or goods.

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