Ask Question
BusinessBusiness
22 December, 22:50

Wealth is:

a. a term used by Max Weber to refer to people who have a similar level of income and prestige

b. A term associated with life-style all of a person's material assets, including wage, land, stocks, and other types of property

c. Salaries and wages

+5
Answers (1)
  1. 23 December, 02:34
    0
    b.

    Explanation:

    Wealth is a term associated with an individual's life-style. This includes all of a person's material assets, including wage, land, stocks, and other types of property. Basically anything and everything that belongs to an individual which provides a certain value to that individual. Thus placing them in a specific economic category.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Wealth is: a. a term used by Max Weber to refer to people who have a similar level of income and prestige b. A term associated with ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Explain the role of the reserve bank in the case of a bank failure
Answers (1)
As firms increase in size, they tend to experience: Multiple Choice: A. decrease in the need for managers. B. loss of opportunity cost. C. decrease in transaction costs. D. None of the answers are correct.
Answers (1)
What is a monopoly? (Select the best answer.) Question 5 options: When the value of a dollar goes down When an entrepreneur starts up a small business to compete with larger companies When a country encourages entrepreneurs to invent new products
Answers (1)
The production budget is the first component of the operating budget. true or false
Answers (1)
Caleb is a junior at JA Enterprise High School and plays rugby on the school team. He has a part-time job at a local fast-food restaurant and works 20 hours a week for $7.60 an hour. His gross monthly income is $608.00, and his take-home pay is $501.
Answers (1)
New Questions in Business
Your bank offers a savings account that pays 3.5% interest, compounded annually. How much will $500 invested today be worth at the end of 25 years? a. $1,122.54b. $1,181.62c. $1,240.70d. $1,302.74e. $1,367.88
Answers (1)
Which of the following is FALSE about public-sector decision making? Decisions are based on majority rule. Incentives play a role in decision making. Decisions involve no opportunity cost.
Answers (2)
What isn't not a stock derivative
Answers (1)
Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised at $810,000.
Answers (1)
Jill DesJardines experiences a broken leg when one of the wheels on her new in-line skates falls off as she is skating. The manufacturer: a. is not liable because Jill assumed the risk of in-line skating. b.
Answers (1)
Home » Business » Wealth is: a. a term used by Max Weber to refer to people who have a similar level of income and prestige b. A term associated with life-style all of a person's material assets, including wage, land, stocks, and other types of property c.
Sign Up Forgot Password?