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Ede4ka [16]
3 years ago
10

What is wealth according to economics sense ?​

History
2 answers:
Jobisdone [24]3 years ago
7 0

Answer:   Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.

Explanation:

ycow [4]3 years ago
4 0

Answer:

Wealth measures the value of all the assets of worth owned by a person, community, company, or country. Wealth is determined by taking the total market value of all physical and intangible assets owned, then removing all debts. Essentially, wealth is the accumulation of scarce resources.

Explanation:

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