Wealth
Emergence definition
Wealth emerges from the intersection of exchange, which involves the trading of goods or services, and money, which serves as the medium of exchange for quantifying and distributing value. Exchange enables the creation of a system of trade, while money provides the means for measuring and comparing value.
Wiktionary senses
Historical origin
Prerequisite chain
Neighborhood
In other languages
Prerequisites
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An economic concept relating to wealth, involving production, distribution, or exchange of goods and services.
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Property is part of the definition of wealth.
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An economic concept relating to wealth, involving production, distribution, or exchange of goods and services.
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Abundance of valuable possessions -- prerequisite: money
Used by
- Fortune L16
- Inequality Econ L16
- Mansion L16
- Occupy Wall Street L16
- Poverty L16
- Rich L16
- Status Soc L16
- Yacht L16