Economy, asked by nick8739, 1 year ago

what is importance of wealth oriented definition in economics? clarify in detail.

Answers

Answered by kkmr

Wealth measures the value of all the assets of worth owned by a person, community, company or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of resources.

kkmr: mark me as brainliest please..

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