Economy, asked by shinningswapi1pb1i52, 7 months ago

explain the 'wealth' definition of economics

Answers

Answered by XxpriyanshuxX
8

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Wealth measures the value of all the assets of worth owned by a person, community, company, or country. ... Essentially, wealth is the accumulation of scarce resources. Specific people, organizations, and nations are said to be wealthy when they are able to accumulate many valuable resources or goods.

Answered by bindushreenarayan
1

wealth measure the value of all the assets of worth owned by a person , community , company

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