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When used to accumulate wealth money functions as a?

Store of value


The difference between wealth and income?

The wealth ,is the money you accumulate during years . The income is the money you earn during a year . The first one is a stock the second a flow


What company was organized by john D rockfeller as a monopoly?

Oil


One having wealth and who lives miserably to improve his wealth is called?

One who possesses wealth but lives miserably in an effort to accumulate more is often referred to as a "miser." A miser is characterized by an excessive desire to hoard wealth, prioritizing financial gain over personal happiness or well-being. This behavior reflects a mindset where the pursuit of wealth takes precedence over enjoying life or forming meaningful relationships.


Capitalism is unfair?

Capitalism is a system driven by private ownership of means of production. This leads to a system in which an entire nation's populace is driven by the desire to make profits and accumulate wealth. A true capitalist system is a free market economy with NO interference from any governing body. Many people view this system as unfair because, once a bit of wealth is accumulated or inherited, it becomes easier to accumulate more wealth. However, it is exceptionally rare and nearly impossible for someone who has very little wealth to accumulate any, hence the saying "you need money to make money". This leads to the concentration of most of a nation's wealth among a tiny percentage of the population, with the vast majority of a nation's population sharing the rest. Without some form of interference from the government or the formation of powerful worker's unions, capitalism inevitably leads to the concentration of power among the few, and the exploitation of the many. This is why a capitalist economic system can be seen as "unfair".