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

Wealth and Capital:

• "Capital assets" are assets that are used to generate more assets. So capital is the portion of wealth that is dedicated to the generation of more wealth.
• It is not an asset property. Scooter is a wealth for any owner, but capital for the owner who uses it for taxi service, deliveries, or any other profit-making purpose.
• "Capital formation" is an important function of financial markets.
• This does not imply the creation of assets, but rather the conversion of assets to for-profit applications.

Hence, answer to the given question is as mentioned above.