Wealth (Topic 2)

Wealth

Property in the form of assets which can be sold and turned into cash for the owners benefit.

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Marketable Wealth

Can be bought and sold e.g car, house, shares and land

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Non-Marketable Wealth

Cannot be sold e.g. state pension

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Productive Property

Provides unearned income for owner e.g. rented housing/land

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Consumption Property

Wealth used by the owner e.g. house, car which are used at the

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Can be bought and sold e.g car, house, shares and land

Marketable Wealth

Cannot be sold e.g. state pension

Provides unearned income for owner e.g. rented housing/land

Wealth used by the owner e.g. house, car which are used at the

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