what are the sources of wealth (1 Viewer)

[rich]

i was wondering about the sources of wealth in the economic issues topic 3 under distribution of income and wealth of the syllabus. my question is what are the sources of wealth

 

[seremify007]

Umm.. from memory Wealth is stuff which can be used to make an income later on.. like Land and Capital? i'm too lazy to look in my eco book

 

[sunjet]

assets, such as property etc..

 

[jmac101]

sources of wealth come from the four factors of production
1. Land : (income - rent)
2.Labour (income wages)
3.Capital (Income: interest)
4. Enterprise (income: dividends)

 

[Cityboy]

Wealth is anything that has a monetary valuable, including intangible items such as brand names, and tangible items such as property

 

[nick1048]

sources of wealth come from the four factors of production
1. Land : (income - rent)
2.Labour (income wages)
3.Capital (Income: interest)
4. Enterprise (income: dividends)

these are sources of income buddy not wealth

btw 4 is incorrect it's enterprenurial and the return is profit not dividends.