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The class that is often considered to create no economic wealth is the "rentier" class, which derives income primarily from ownership of assets and property rather than from productive labor or innovation. Rentiers benefit from existing wealth through rents, interest, and dividends without contributing to new economic value. This can lead to economic stagnation if wealth concentration limits investment in productive endeavors. Ultimately, while they may accumulate wealth, their economic impact can be seen as neutral or even detrimental to overall economic growth.
What else can I help you with?
According to Quesnay which class created no economic wealth?
wealthy landowners A+
What is the meaning of the term economic spectrum?
Economic Spectrum is the economic wealth distribution amongst class, helping to distinguish the different economic standings of individuals classes
Abraham Lincolns economic class?
Abraham lincolns economic class is middle class
How is wealth created in today's economy?
Wealth is created in today's economy through a combination of factors such as innovation, entrepreneurship, investment, and productivity. By developing new products and services, starting businesses, making smart financial decisions, and increasing efficiency in production, individuals and companies can generate wealth and contribute to economic growth.
Social responsibility and maximization of society's economic wealth?
Social responsibility and maximization of society's economic wealth has undergone through various changes. The entire society has to take up this responsibility of increasing wealth in their regions in various economic activities.
According to Quesnay which class created no economic wealth?
wealthy landowners A+
What is the meaning of the term economic spectrum?
Economic Spectrum is the economic wealth distribution amongst class, helping to distinguish the different economic standings of individuals classes
What economic system did Karl Marx believe created poverty?
Karl Marx believed that capitalism was the economic system that created poverty. He argued that the capitalist system led to exploitation of workers, unequal distribution of wealth, and alienation, ultimately perpetuating poverty among the working class.
What was class structure in the north based on?
The class structure in the North was primarily based on wealth and occupation. There were wealthy merchants, industrialists, and professionals at the top, followed by the middle class of shopkeepers, artisans, and farmers. At the bottom were laborers and immigrants who often faced economic challenges.
What is an upper class boundary?
An upper class boundary refers to the threshold that separates different socio-economic classes, specifically distinguishing the upper class from the class above it, often characterized by wealth, income, and social status. This boundary can be influenced by factors such as education, occupation, and inherited wealth. It helps define social stratification and can vary between cultures and societies. Understanding these boundaries is essential for analyzing social dynamics and economic disparities.
Who provided an economic foundation for Sparta?
Solon; he was the one who created social mobility based on wealth for Athens
What has the author Giuseppe Chiesi written?
Giuseppe Chiesi has written: 'Bellinzona ducale' -- subject(s): Economic conditions, Economic policy, Finance, Public, History, Public Finance, Upper class, Wealth
Why do you think only a few people enjoyed the wealth of Japan?
Only a few people enjoyed the wealth of Japan due to a combination of historical, social, and economic factors. The country's feudal system historically concentrated wealth and power among a small elite class, while the majority of the population remained in agrarian poverty. Additionally, rapid industrialization post-Meiji Restoration created disparities, as wealth accumulation often favored industrialists and urban areas over rural communities. This unequal distribution of resources and opportunities has persisted, leading to ongoing economic disparities.
Is defined as the measurement of all economic goods which are owned?
wealth or wealth
When was created wealth?
Revolutionary Wealth was created in 2006.
Abraham Lincolns economic class?
Abraham lincolns economic class is middle class
What are the key distinctions between the bourgeoisie and the upper class in terms of social status and economic power?
The bourgeoisie typically refers to the middle class, who are business owners and professionals, while the upper class refers to the wealthiest and most privileged individuals in society. The bourgeoisie may have significant economic power but are not as wealthy as the upper class, who often inherit their wealth and have more influence and social status.
