Question

what is wealth concept?​

Answer 1

Wealth is an accumulation of valuable economic resources that can be measured in terms of either real goods or money value. The concept of wealth is usually applied only to scarce economic goods; goods that are abundant and free for everyone provide no basis for relative comparisons across individuals.

Answer 2

Answer:

`wealth refers to value of everything person or family . this includes tangible items such as jewelery,housing,cars and other personal property financial assets such as stocks and bonds which can be traded foe cash and also wealth . wealth measured net assets . minus how much dept one owes

Explanation: