what are the principles of making wealth?

Answer 1

Do mean personal wealth or national wealth?

Hard work is certainly one of the principles for creating personal wealth, but work itself is not enough. You can work hard at McDonalds, but you won't get very far. Education and/or job training are just as important.

Regarding national wealth, economists point to free trade, rule of law, and education as principles for wealth creation.

Answer 2

If you are talking about Personnel wealth of National wealth, but require the same basic thing, maximizing the value obtained by every asset. On a personnel level the rarest asset is time, how you use every minute, to work, to educate, to recharge so you will remain efficient all will effect you long term wealth. On a National basis, the people and the natural resources your country has tend to be the single largest limiting factor. If you people are all working a ditch diggers, or working on assembly plants you are not building wealth for the nation and rapidly or efficiently as if they are all working designing and perfecting the items that will be built on someone else's assembly plants. If you look at the economic history of Ireland, it may be the best example ever of national wealth growing due to proper use of their people.

Answer 3

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Answer 4

Donald trump said;hard work.