Wealth refers to the total value of all assets that a person owns, including both financial assets (such as savings accounts, stocks, and bonds) and physical assets (such as real estate, vehicles, and jewelry). Income, saving, and investment are all related concepts, but they are not synonymous with wealth.

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Wealth Is

Question 36

Multiple Choice

Wealth is

A) another name for income.
B) defined as the money in your savings account.
C) the value of all the things that a person owns.
D) equivalent to saving.
E) the same as investment in financial capital.

Correct Answer: