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प्रश्न
Why does an individual need wealth?
लघु उत्तर
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उत्तर
An individual needs wealth because wealth has the power to satisfy wants. Wealth consists of goods that are scarce in relation to demand and for which payment is made, thus having the capacity to fulfill human needs and desires. Essentially, wealth is important to an individual as it enables the satisfaction of various wants and contributes to economic well-being.
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