हिंदी

Which of the following is not considered wealth? - Economics

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प्रश्न

Which of the following is not considered wealth?

विकल्प

  • Property

  • Stocks

  • Ornaments

  • Skills of a person

MCQ
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उत्तर

Skills of a person

Explanation:

Skills of a person are not considered wealth because wealth is defined as the stock of all transferable goods that have utility, value and transferability.

Property, stocks and ornaments are tangible or financial assets that can be owned and transferred.

Skills, however, are personal attributes or talents that are not transferable in the way goods or financial assets are.

While skills contribute to a person’s wealth in terms of earning ability, they themselves are not classified as wealth in economic terms.

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अध्याय 3: Basic Concepts of Economics - QUESTIONS [पृष्ठ ४८]

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जे. पी. गोयल और कौशल गोयल Economics [English] Class 9 ICSE
अध्याय 3 Basic Concepts of Economics
QUESTIONS | Q 7. | पृष्ठ ४८
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