what is welth conscept
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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.
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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.
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