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Wealth

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Social wealth

-          Assets owned by the gov. for the benefit of the general public (e.g. schools, weapons, roads, hospitals, etc.)

Private wealth

-          Stock of goods which has a money value and is owned by private individuals (e.g. cars, jewelry, houses, savings in banks)

National Wealth

-          = Private wealth + social wealth

-          What belongs to a whole country

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by: Admin
Total views: 1146
Word Count: 371
Date: Sun, 21 May 2006 Time: 12:00 AM
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