Question

What is meant by individual wealth?
Wealth under the ownership of individual and meant for personal consumption is called Individual Wealth ..
For example :- house, phone etc​

Answer 1

Individual wealth stand for the individual owned properties

for example

In urban areas , many people have their own property , land etc

individual mean that which belong to the particular living beings

Mark as a brainlist

Answer 2

Answer: individual wealth is usually measured as net worth which is the value of your aggregate assets after subtracting the value of all your aggregate liabilities .

for example : house , car , phone etc .

I hope it help you.....