2007-08-15 21:27:47 · 19 answers · asked by ramesh 1 in Social Science ➔ Economics
no satisfactory answer. I will put it other way. What is the difference between wealth and prosperity
2007-08-18 16:10:00 · update #1
money is external wealth is inturnal
2007-08-15 21:57:35 · answer #1 · answered by .-. 7 · 0⤊ 1⤋
Broadly, the difference in between money and wealth is the difference between tangibles and intangibles.
Money is cash in hand or assets in bank etc. It is what you can trade for some goods or services.
On the other hand, wealth is an umbrella term that goes much beyond money or cash or assets. It includes intangibles such as knowledge (technical/technological), insight (vision/strategy) and on a very broader sense - peace of mind too. Wealth signifies richness in all terms, not just money.
Cheers.
2007-08-16 07:38:19 · answer #2 · answered by incognito6174 2 · 1⤊ 0⤋
Money is an instrument that circulate in a particular country. like the Philippine Peso. Wealth is the fruits of all the efforts you did. But, we cannot say that wealth is a form of money. We can also say that our talent, health, intelligence, and other good characteristics of a human person is a good example of wealth. In terms of politics, they can say that their money, and standard of living are wealth.
2007-08-16 05:26:48 · answer #3 · answered by carlo a 1 · 0⤊ 0⤋
Money is ice cube, snoop dogg, jerry springer and all those people who can become poor if the IRS says so. It's just alot of paper that is in the bank. Wealth is Queeen Beatrix, Bill Gates and all those who have learnt to what do with money. Wealth is what you do with money
2007-08-16 04:38:48 · answer #4 · answered by Linda V 3 · 0⤊ 1⤋
wealth is different bacause wealthy means having all the essentials and more to be happy and healthy. money is what you buy things with, some things can bring you wealth, altho, wealth is measured in happiness.
2007-08-16 22:26:38 · answer #5 · answered by steamboat waterfalls 1 · 0⤊ 0⤋
Black Money- White Money- Pocket Money- Earned Money- Theft Money etc., Wealth comes from Your Grand Father- Father- Wife etc.,
2007-08-16 05:11:04 · answer #6 · answered by Rama Krishna 5 · 0⤊ 1⤋
Money is cash, money in the bank, or fiscal assets such as mutual funds. Wealth is the total of all assets such as real estate, durable goods such as diamonds and yachts, etc.
2007-08-16 04:35:45 · answer #7 · answered by k 4 · 0⤊ 0⤋
money is in monetry terms it can be calculated exactly unless human psychology interfear i.e not giving proper income abt ppl.n wealth means all real as well as monetry assets like cow ,land ,gold,shares ,bonds etc wealth is in broad terms n money is narrow terms n wealth does not lead to development of the economy
2007-08-21 13:06:58 · answer #8 · answered by SURABHI P 1 · 0⤊ 1⤋
money is the illusion of the wealth.
Another difference is , Not all type of wealth is money, such as human skills , health etc.
2007-08-16 05:43:04 · answer #9 · answered by sibt-ul-hasnain k 1 · 0⤊ 1⤋
Wealth is ownership of goods and services. Money is what you use to buy goods and services. So, if you have money, you can, if you so choose, acquire wealth...
2007-08-16 04:41:37 · answer #10 · answered by NC 7 · 1⤊ 0⤋
Having money means you always worry about money, having wealth means never having to worry about money or where its coming from.
2007-08-16 04:36:30 · answer #11 · answered by Anonymous · 0⤊ 1⤋