Wealth

Wealth is a material good or service that has value to human life (that has economic value.)

Wealth is a material good or service that has value to human life (that has economic value.)

Examples of material wealth can be goods for personal consumption (consumer goods) like food or a house; or goods used for the production of other goods (capital goods), such as tool or a factory; or services such as those rendered by a doctor, or musician at a live concert (consumer services), which are consumed instantaneously on production, or services rendered for the production of other goods (human capital).

Capitalism FAQ

Intellectually “chew” the ideas brought up in the tour by exploring the Capitalism FAQ (Frequently Asked Questions).

 

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