You are sick and tired of your old wardrobe.You decide to donate it to a charity of your choice.Your action

Question

​You are sick and tired of your old wardrobe.You decide to donate it to a charity of your choice.Your action

Quizplus · Accepted Answer

Donating your old clothes to a charity creates wealth by moving the clothes from lower value use (sitting unused in your closet) to higher value use (being worn by someone who needs them). This benefits both you and the recipient of the clothes. It may also create wealth in the sense that it can make you feel good about helping others, but this is a secondary benefit.

​You Are Sick and Tired of Your Old Wardrobe

You Are Sick and Tired of Your Old Wardrobe