Question

"All wealth are recourses; but all resources are not wealth". Discuss briefly.

Answer 1

CORRECT QUESTION :

" All wealth are resources, but all resources are not wealth. " Discuss briefly.

ANSWER :

Wealth refers to the valuable materials that have value in exchange. It can be useful or harmful. It can be obtained both artificially and naturally. On the other hand, resouces are always obtained from nature. It means, all the wealth are resources, but all the resouces are not wealth.

hey, DO YOU KNOW?

➡ The easiest way to wealth is saving and investing.

➡ People who become rich avoid " poverty by association."

➡ Only 1% of self-made millionaires got rich before age 40.

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