savings

Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating old English word weal, which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as wealthy. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts).At the most general level, economists may define wealth as "anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. 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. A community, region or country that possesses an abundance of such possessions or resources to the benefit of the common good is known as wealthy.
The United Nations definition of inclusive wealth is a monetary measure which includes the sum of natural, human, and physical assets. Natural capital includes land, forests, energy resources, and minerals. Human capital is the population's education and skills. Physical (or "manufactured") capital includes such things as machinery, buildings, and infrastructure.

View More On Wikipedia.org
Recent contents

  1. The 6-Month Savings Accelerator: How Top Earners Use Psychology to Double Their Wealth

    The 6-Month Savings Accelerator: How Top Earners Use Psychology to Double Their Wealth Supercharge Your Savings: Double Your Wealth in Six Months Tired of living paycheck to paycheck? Do you dream of financial freedom but feel overwhelmed by student loans and the rising cost of living? You're...

  2. Kama wewe ni mpambanaji na ambitious mambo kama UTT, Bonds na Savings Accounts sio type yako, waachie waoga na watumishi

    Naongea sana mambo yasio serious humu jukwaani ila ngoja nifunge mwaka kwa kuongea sense kdg. Kuna nyuzi humu zinaongelea mambo ya UTT na Bonds, niwaambie ukweli haya mambo ili ikulipe kwa zile monthly returns ni lazima kwanza uweke hela kubwa sana, more than 500m, na incase ukiweka 1 billion...
  3. U

    Kwanini waajiriwa wengi hawana utamaduni wa kufanya savings nchini?

    Nimejaribu kufanya tathmini na nimegundua watanzania hasa hawa waajiriwa wa Serikalini hawana tamaduni za kutunza pesa, Wazungu wanaita savings. Ni vema watanzania wengi tukaanza kupiga mfumo wa Wazungu kuwa unapopata kamshahara kako basi angalau asilimia 20 itunze, halafu ndo uanze matumizi...
  4. E

    Nitawezaje kufanya biashara bila mke kujua?

    Wakuu nimeanzisha biashara ya Duka rejareja na Saloon ya kiume. Changamoto iliyopo ni kelele za mke wangu. Pindi akijua na ku-access zilipo. Makelele yake yatapeperusha wateja wote. Maana mwanzoni nilishawahi kumuanzishia biashara ya duka la nguo na mini-super market vyote vikafa baada ya muda...
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…