People's standards of living are determined more by wealth than by their annual income.

Name: People's standards of living are determined more by wealth than by their annual income.
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

Wealth, which includes assets such as savings, investments, and property, provides a more comprehensive measure of financial security and the ability to maintain or improve one's standard of living over time, compared to annual income which can fluctuate and doesn't account for accumulated resources.

People's Standards of Living Are Determined More by Wealth Than