What is Wealth
The abundance of valuable financial assets or physical goods that can be turned into a form that can be used for transactions is what we mean when we talk about wealth. This includes the fundamental meaning that is held in the English term weal, which originates from an Indo-European word stem and was used in the Old English language. Although the current idea of wealth is significant in all areas of economics, including growth economics and development economics, it is important to note that the meaning of wealth is contingent on the context in which it is used. One is considered wealthy if they have a large amount of wealth in their net worth. It is possible to define net worth as the current value of an individual's assets less their obligations.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Wealth
Chapter 2: Economy of Switzerland
Chapter 3: Natural capital
Chapter 4: Measures of national income and output
Chapter 5: Capital (economics)
Chapter 6: Millionaire
Chapter 7: Net worth
Chapter 8: Green gross domestic product
Chapter 9: Distribution of wealth
Chapter 10: Wealth tax
Chapter 11: National accounts
Chapter 12: High-net-worth individual
Chapter 13: Productive and unproductive labour
Chapter 14: Capital formation
Chapter 15: International inequality
Chapter 16: Affluence in the United States
Chapter 17: Asset poverty
Chapter 18: Consumer choice
Chapter 19: Utility
Chapter 20: Surplus value
Chapter 21: Indifference curve
(II) Answering the public top questions about wealth.
(III) Real world examples for the usage of wealth in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Wealth.
