The value of all of a person's or family's economic assets,including income,personal property, and income-producing property is referred to as:

Question

Quizplus · Accepted Answer

The definition given in the question refers to the concept of wealth, which encompasses all economic resources possessed by an individual or family, including but not limited to income, property, and investments. Power refers to the ability to exert influence or control over others, while prestige refers to social recognition and esteem. Income is a flow of money earned or received over a given period, such as yearly earnings from employment. Therefore, the best choice is D, wealth.

The Value of All of a Person's or Family's Economic