Question

what is wealth centered definations ???​

Answer 1

Answer:

The wealth centered definition of economic has given stress on only those activities which are related to wealth earning activities. ... It justifies that wealth definition has a narrow definition.

Answer 2

In other words, someone's wealth is determined by the aggregate value of everything the person owns that can be exchanged for money, goods or services. Individuals and countries measure wealth differently. Gross domestic product (GDP) is the measure countries usually use to measure their wealth.