Question

what is wealth ? explain.​

Answer 1

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Wealth measures the value of all the assets of worth owned by a person, community, company, or country. ... Essentially, wealth is the accumulation of scarce resources. Specific people, organizations, and nations are said to be wealthy when they are able to accumulate many valuable resources or goods.

Answer 2

Answer:

For most of us, wealth is broadly defined as assets minus liabilities (that is, net worth). As advisors, we do our best to re-frame wealth as “more than money,” but the public generally sees wealth as money or financial assets. The more you have, the wealthier you are.

Explanation:

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