Characteristics of wealth are -
A. Utility, Scarcity, Transferability
B. Utility, Scarcity, Subjectivity
C. Utility, Scarcity and Durability
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Characteristics of Wealth
(1) It must possess utility. It must have the power to satisfy a want. ...
(2) It must be limited in supply. For example, air and sunshine are essential for life. ...
(3) Wealth should be transferable. ...
(4) It must have money value.
(5) It may be external.
all the Characteristics of wealth
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