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Name: Amana Khare PRN: 11010223036 Div: D Batch: 2011-16

How is Wealth of Nation different from wealth of an individual?

Meaning of Wealth
Wealth is the abundance of valuable resources or material possessions. The word wealth is derived from the old English weal, which is from an Indo-European word stem. An individual, community, region or country that possesses an abundance of such possessions or resources is known as wealthy.

Definitions of wealth
Different definitions of wealth

Wealth of Nation
Meaning of wealth for a nation.
Adam Smiths concept of wealth of a nation.

Wealth of an Individual
Meaning of wealth for a nation. Different kinds of wealth for an individual.

Conclusion
Difference between concept of wealth of a nation and of an individual.

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