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  • Activity 1 - EnTREP

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    Hera Argeia
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    Wealth creation involves investing assets to achieve financial stability rather than just saving, as investment increases returns while savings loses value over time, especially during inflation. The wealth of a country depends on government policies, market forces, available resources, and human capital. While all countries have strengths and weaknesses in these areas, rich countries tend to better leverage their strengths, such as Japan's focus on its people.

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    Wealth creation involves investing assets to achieve financial stability rather than just saving, as investment increases returns while savings loses value over time, especially during inflation. The wealth of a country depends on government policies, market forces, available resources, and human capital. While all countries have strengths and weaknesses in these areas, rich countries tend to better leverage their strengths, such as Japan's focus on its people.

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    2 views1 page

    Activity 1 - EnTREP

    Uploaded by

    Hera Argeia
    Wealth creation involves investing assets to achieve financial stability rather than just saving, as investment increases returns while savings loses value over time, especially during inflation. The wealth of a country depends on government policies, market forces, available resources, and human capital. While all countries have strengths and weaknesses in these areas, rich countries tend to better leverage their strengths, such as Japan's focus on its people.

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    1. What is wealth creation and how can you create a saving strategy that works?

    Wealth creation is the plan to create assets towards financial stability. In order to do
    this, one must consider investing instead of saving because investment increases the
    rate of return of your capital while saving decreases the value of money, especially in
    high inflation.

    2. Why are some countries rich and others poor?

    The richness or poorness of a country is based on the combination of government


    policies, market strength and its available resources, and most of all, the quality of its
    people. Every country has its own strengths and weaknesses in any of these aspects,
    but the significant difference between rich and poor is their approach to leveraging
    their strengths (for instance, Japan).

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