Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English weal, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy. The concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics yet the meaning of wealth is context-dependent.
You may also like
About the author
Information to enrich your life.
WELCOME TO RICHTOPIA
- 2,064,701 all-time users
WHAT IS RICHTOPIA?
WOMEN IN LEADERSHIP
- Top 100 Blockchain Insiders: From Marc Andreessen to Vitalik Buterin, These Are the Most Influential People in the Crypto Sphere
- Review of the 6 Major Blockchain Protocols
- Top 100 Blockchain Organisations: From CoinDesk to BitPay, These Are the Most Influential Organisations in the Distributed Ledger Space
- Women Leaders Top 250: From Melinda Gates to Michelle Obama, These Are the Most Influential Women in the World
- 11 Amazing Examples of Disruptive Technology
- Economists Top 100: From Paul Krugman to Michael Porter, These Are the Most Influential Economists in the World
- Top 20 Most Sustainable Multinational Corporations Worldwide
- Tourism, Nationalism and the De-Cosmopolitanisation of Culture in Bali