of valuable
resource
s or material possessions
. The word
wealth is derived from the old English wela, 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.
The concept of wealth is of significance in all areas of economics
, especially development economics
, yet the meaning of wealth is context-dependent and there is no universally agreed upon definition.
"It is more difficult for a rich man to enter the kingdom of God than it is for a camel to pass through the eye of a needle."
"We have no more right to consume happiness without producing it than to consume wealth without producing it."
"Riches have wings, and grandeur is a dream."
"Penny wise, pound foolish."
"Riches are a good handmaiden, but the worst mistress."
"The rich are the scum of the earth in every country."
"There is no Wealth but Life."
"If we command our wealth, we shall be rich and free; if our wealth commands us, we are poor indeed."
"Wealth is not his that has it, but his that enjoys it."
"That man is the richest whose pleasures are the cheapest."