Music, asked by parasharpraveen244, 7 months ago

Mention the characteristics of wealth.

Answers

Answered by Anonymous

19

Explanation:

(1) It must possess utility. It must have the power to satisfy a want. ...

(2) It must be limited in supply. For example, air and sunshine are essential for life. ...

(3) Wealth should be transferable. ...

(4) It must have money value.

(5) It may be external.

Answered by Aadarshini6A1

9

Answer:

Characteristics of Wealth

Characteristics of Wealth(1) It must possess utility. It must have the power to satisfy a want. ...

Characteristics of Wealth(1) It must possess utility. It must have the power to satisfy a want. ...(2) It must be limited in supply. For example, air and sunshine are essential for life. ...

Characteristics of Wealth(1) It must possess utility. It must have the power to satisfy a want. ...(2) It must be limited in supply. For example, air and sunshine are essential for life. ...(3) Wealth should be transferable. ...

Characteristics of Wealth(1) It must possess utility. It must have the power to satisfy a want. ...(2) It must be limited in supply. For example, air and sunshine are essential for life. ...(3) Wealth should be transferable. ...(4) It must have money value.

Characteristics of Wealth(1) It must possess utility. It must have the power to satisfy a want. ...(2) It must be limited in supply. For example, air and sunshine are essential for life. ...(3) Wealth should be transferable. ...(4) It must have money value.(5) It may be external.

Explanation:

PLS MARK AS BRAINLIEST

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