Question

Distinguish between wealth and capital

Answer 1

Answer:

Wealth = Refers to the amount of assets you have including your house, land, property, cars, business, bank balance etc. Capital = The amount of cash money you have with you right now and willing to invest in any business/startup.

Answer 2

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• Wealth measures the value of all the assets of worth owned by a person, community, company, or country.

• Capital is a large sum of money which you use to start a business, or which you invest in order to make more money