Tag: Wealth

The World Institute for Development Economics Research recently published a study on the distribution of wealth around the world in 2000. Its study, based on data from the same year, provides an accurate picture of the global wealth gap. Despite the fact that data for many countries are spotty, the study compensates for that with […]

WEALTH is the possession of valuable physical and financial assets. It is a form of use for transactions, and is defined as an abundance. The term derives from an Indo-European word stem. It was first used in Old English, and is derived from the Latin word weal. It is a concept that has evolved since […]