NounSingular wealth Plural uncountable wealth (uncountable)
Synonyms
Derived termsFrom Wiktionary under the GNU Free Documentation License. Wealth is the abundance of valuable resources or material possessions or the control of such assets. The word wealth is derived from the old English wela, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy. The concept of wealth is of significance in all areas of economics, especially development economics, yet the meaning of wealth is context-dependent and there is no universally agreed upon definition. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts. Defining wealth can be a normative process with various ethical implications, since often wealth maximization is seen as a goal or is thought to be a normative principle of its own. Although precise data is not available, the total household wealth in the world has been estimated at $125 trillion in year 2000. 90% of this wealth is held by people in North America, Europe, and high-income Asian countries, and 1% of adults are estimated to hold 40% of world wealth, a number which falls to 32% when adjusted for purchasing power parity. From Wikipedia under the
GNU Free Documentation License How can we stop the ridiculous concentration of wealth to single individuals ? Q. How can you stop the ridiculous concentration of wealth to single individuals without affecting free trade and rights of people and without the need for a totalitarian regime. Please. no righteous answers. Im not saying its right or wrong. Just noticing that the rich are becoming super rich whilst the middleclass pay for it and the poor get poorer. Asked by Martyn B - Sat Sep 6 05:04:13 2008 - - 4 Answers - 0 Comments A. I don't get the bit "whilst the middleclass pay for it", ? Most of the super rich are there because they made or supplied something that was wanted/ needed/etc. e.g. Bill Gates. You can't stop it, nor should you try ! These people are the 'incentive' for young entrepreneurs of the future. Answered by psychologist_4u - Sat Sep 6 05:11:22 2008 What economist said if all the wealth were equally distributed, in 2 yrs everything would be back to the start? Q. The distribution of wealth would remain the same as it was in the beginning Asked by Madkat - Wed Mar 18 22:35:44 2009 - - 1 Answers - 0 Comments A. Milton or Keynes. Those are my two guesses anyway. Answered by Chuck Le Dust - Sat Mar 21 18:25:07 2009 McCain supporters: Who was the last president that did not redistribute the wealth?
Q. Why is it that McCain and Palin keep bringing up redistribution of the wealth, when he is not using a flat tax system? They say that doing so is being a socialist. Yet they are planning to do it themselves. Isn't that being just a tad hypocritical on their part? Asked by ? - Thu Oct 23 19:05:19 2008 - - 11 Answers - 0 Comments A. If you have ever paid taxes, you paid for social security, medicare, medicaid, welfare, government employees, local, city and state employees, the list goes on. They have taken this socialist thing and run with it, not knowing what the hell they are talking about. Answered by I ripped my Billie Jeans! - Thu Oct 23 19:10:54 2008 From Yahoo Answer Search: "wealth" Quotes about wealth. ContentsSourced
From Wikiquote under the GNU Free Documentation License.  news.google.com BusinessWeek UBS's wealth management and Swiss bank had about $907 billion of total invested assets as of December, while its US wealth management unit oversaw $652 ... and more » news.google.com FrontPage Magazine In most African countries, it is not the enterprise of the local people that had led to the extraction of mineral wealth , but rather that of foreigners, ... news.google.com Arizona Daily Star In short, New Mexico focused on the public sector for wealth generation, and Arizona focused on the private sector. As economic theory proves and economic ... From Google News Search: "wealth"  rummuser.com 480px x 480px | 67.50kB [source page] This post is dedicated to two indomitable spirits One shall remain anonymous and the other is Maynard who despite his claims to the contrary is trying very hard to be wealthy The former From Yahoo Image Search: "wealth"  correntewire.com madamab Fri, 12 Mar 2010 14:00:00 GM Via BDBlue, comes this unbelievable study of "the . wealth. gap" and women of color. We have all heard of the income gap - women make, on average, 77 cents to every man's dollar - but the . wealth. gap has been largely ignored. ...  wealthyboys.com Max Mon, 15 Mar 2010 11:15:37 GM Robert T Kiyosaki, author of the bestselling Rich Dad books, shares his reasons he believes ...  aspriegel.wordpress.com aspriegel Mon, 15 Mar 2010 03:10:23 GM Forty (40) Simple Inventions that made Inventors or Companies Residual . Wealth. or Millions. 1. J.C. Hormel of Hormel Foods in the 1930's, rather than disposing of excess pork shoulders, he combined them with sodium nitrate and water to ... From Google Blog Search: "wealth"
See also:
|
The Panel Study of Income Dynamics
SSRN listings for JEL E21: Consumption; Saving
E$Planner