Economy, asked by sahebdancer123, 1 year ago

explain the relationship between welfare and wealth​

Answers

Answered by Adityapsingh2601
3

Answer:

Explanation:

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.

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