If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring __________.

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11-08-2022
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If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring __________.

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-08-21T07:17:47+02:00

If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring wealth. Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned.

Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned. Wealth is essentially the accumulation of scarce resources.

To learn more about Wealth, click here.

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