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Does increase in paper wealth indicate that real wealth of the economy has increased?
Wiki User
∙ 12y ago
The increase in paper wealth does not indicate that the real wealth of the economy has increased because real wealth refers to something which is there to support our life, example food,shelter.
Suppose we own a house and we are planning to sell it. Assuming that we sold it by a value more than we purchased it. Therefore the paper wealth increases and real wealth does not.
Wiki User
∙ 12y ago
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After the War of 1812 the rate of increase of wealth and output in the American economy?
increased significantly. The war helped to stimulate domestic manufacturing as imports from Europe declined. Additionally, the war created a sense of national identity and boosted patriotic sentiment, leading to increased consumer spending and economic growth. The opening of new markets and expansion of trade also contributed to the overall increase in wealth and output in the American economy.
What is an example of subsistence economy?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
What is an example of a subsistence economy?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
What is a example of a subsistence?
A subsistence economy is an economy which is based on gathering or amassment of valuable items; the increase in wealth; or the creation of wealth. So, basically, an example would be Canada, the United States, etc. Almost the whole world is a subsistence economy.
Which of the following also increased as a direct result of the increase of commerce wealth education leisure or all of the above?
All of the above factors increased as a direct result of the increase in commerce. As trade expanded, wealth accumulation increased among merchants and traders, leading to investments in education, improved leisure opportunities, and overall societal prosperity.
What was the result of increased trade?
hatshepsut
What do Powhatans use their crops for?
surviving and trading. It inproved their wealth and economy surviving and trading. It inproved their wealth and economy
How did trade routes increase wealth?
They increased wealth because often times the owner of the road would have a toll on the road. Also the traders became more wealthy because they had a quicker way to buy and sell goods.
What was the main purpose of Roman art?
To indicate wealth and status
The industrial revolution increased the power and wealth of?
it did not increase the power of anything, the industrial revolution harnessed the power of steam. :) :) :) by abbie mcalpine
What is supposed to indicate high social rank?
Wealth
How to build wealth?
increase knowledge
