Question

What is wealth according to economics sense ?​

Answer 1

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.

Step-by-step explanation:

Answer 2

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.

Step-by-step explanation:

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