Explain the wealth and welfare definitions
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Posted by A Roy 5 years, 2 months ago
- 1 answers
Test
Related Questions
Posted by Mehar Ansari 1 year, 4 months ago
- 0 answers
Posted by Niyati Garg 1 year, 4 months ago
- 0 answers
Posted by Shruti Singh 1 year, 5 months ago
- 0 answers
Posted by Dipika Sharma 1 year, 4 months ago
- 0 answers
Posted by Rijum Karlo 1 year, 4 months ago
- 0 answers
Posted by Naman Jain 1 year, 4 months ago
- 1 answers
Posted by Nandita Sharma 1 year, 5 months ago
- 1 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Meghna Thapar 5 years ago
Welfare is the well-being or satisfaction enjoyed by the society which is actually determined to a great extent by the wealth of the nation. Wealth generally hikes up our level of welfare although both of them are two completely different concepts. Wealth refers to certain material and non-material goods having the four essential attributes - Utility, scarcity, transferability and external possession of man.
0Thank You