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Wealth PDF
Wealth PDF
Tangible or intangible things that makes a person ,family or group better off.
Total of all assets of an economic unit that generate current future income .It includes natural
resources and human capital but generally excludes money and securities because the represent
only claims to wealth .Two common types of economic wealth are monetary wealth anything
that can be bought and sold ,for which there is market and hence a price.
The market price ,however reflects only the commodity price and not necessarily its value .For
example water is essential for human existence but is usually very cheap .Non monetary wealth
things which depends on scarce resources and for which there is demand but are not bought and
hence have no price .Examples are education,health,and defense.
Some say wealth may be time plus mobility plus cash but I also think health is wealth ,this is
because it may be subjective.
The multibillionaire computer magnate had amased so much wealth that he had never be able to
spend all of his money even if he lived for thousands of years
Down around the corner on the left there is my boss house ,as you can see he is quite the
accumulator of wealth.