Social Sciences, asked by narendramodi7147, 7 months ago

what does wealth sometimes create

Answers

Answered by begumyasmin46
6

Answer:

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem.[2] The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as wealthy. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts).[3]

Explanation:

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Answered by VedanshIntelligent
0

Answer:

Wealth sometimes create Econmic Differnces.

Explanation: Economic Difference results in unequal wealth and makes some people rich and some people poor.

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