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प्रश्न
What is wealth in economics?
लघु उत्तरीय
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उत्तर
In economics, wealth is defined as all goods whose supply is scarce relative to their demand and for which money payments are made. These goods are characterized by their scarcity and their capacity to satisfy human wants, and they have a monetary value in the market. Thus, wealth consists of material goods that are useful and scarce and that command a price in the marketplace.
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