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______ is a measure of class based on the value of all the goods individuals own.

User Espresso
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Final answer:

Wealth is a measure of class based on the value of all the goods individuals own, including money in bank accounts, financial investments, a pension fund, and the value of a home. It represents accumulated assets and determines social and economic status.

Step-by-step explanation:

Wealth is a measure of class based on the value of all the goods individuals own, including money in bank accounts, financial investments, a pension fund, and the value of a home. It represents the accumulated assets of an individual and is often used to determine their social and economic status. For example, someone with a high net worth would be considered wealthy and likely to be in a higher social class.

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User Manik Biradar
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