Explain the relationship between wealth and welfare
Answers
Answered by
9
Answer:
Originally Answered: What is the difference between wealth and welfare? Wealth is the value of all your cash and assets at one particular time. ... Your total wealth is the summation of all of these values. In economic terms, welfare is a concept that quantifies the enjoyment you get from doing or consuming something.Nov
Answered by
12
Answer:
It is the relationship between wealth and welfare.....
thank you..
Attachments:
Similar questions