Wealth is
A) all of a person's material assets, including land, stocks, and other types of property.
B) salaries and wages.
C) a term used by Max Weber to refer to people who have a similar level of income and prestige.
D) a term used by Thorstein Veblen for people who have the same lifestyle, independent of their class position.

Question

Quizplus · Accepted Answer

Wealth refers to a person's material assets, such as land, stocks, and other types of property. Salaries and wages are typically considered income, not wealth. The terms used by Max Weber and Thorstein Veblen are related to social class and lifestyle, respectively, but do not directly refer to wealth.

Wealth Is