Economics A-Level
Wealth
What Wealth means in Economics A-Level, as defined for AQA.
Definition of Wealth
Check what you remember
Read the wording for your board, then hide it and explain Wealth in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A stock of assets at a point in time, such as property or shares.
Topics that use Wealth
- The distribution of income and wealth (AQA A-Level)
Related terms
- Asset Ownership
- Asset Price Inflation
- Equality
- Equity
- Equity vs efficiency
- Flow vs Stock
- Gini coefficient
- Government intervention
Using Wealth in the exam
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