What is the difference between private wealth and national wealth? What can we do to protect and promote our World Heritage sites ( in context of nepal)
plz answer fast
Answers
Explanation:
Wealth refers to the stock of assets held by a person or household at a single point in time. These assets may include financial holdings and saving, but commonly also include the family home. Income refers to money received by a person or household over some period of time.
Answer:
PRIVATE WEALTH
there are two types of private wealth
(i) This refers to all material possessions of an individual which conform the four characteristics of wealth discussed above. This includes transferable material goods like land, building, furniture’s, ornaments and also bonds and shares of an individual. On the other hand, the loans made by an individual are treated as negative wealth.
(ii) The non-material goods like the good-will of a businessman and his professional connections are external to him. Such are marketable through which he can acquire material goods and hence more income. So such non-material goods are also included in private wealth.
NATIONAL WEALTH
National wealth is also known as social wealth. The following elements are taken into account for the calculation of national wealth.t is the total value of wealth and goods generated by all economic activity in a given nation. The National Wealth is a useful framework through which to measure the progress of an economy and corresponding economic resources. It has a major effect on a nation’s capacity to generate income.
What can we do to protect and promote our World Heritage sites ?
We can also donate to different community funds that will help them protect world heritage sites. 2. Sustainable Tourism: Another way to play our part is to pledge travel responsibility. Tourism can generate funds for the restoration of UNESCO sites but at the same time unchecked tourism can damage them seriously.
#SPJ2