Wealth: An Ambiguous Term

When soul hears the term amplees, in some cases m geniusy, unidentified cars, and big houses flash into their mind. Wealth, to many, means cosmos economically sound. The pecuniary power to purchase unnecessary material items, and having the ability to set aside the highest quality of flavor, soulifies the stereotypic definition of wealth. But being rigid does non ache to be base only on m itary figures. Other subtler factors can be fall by of what defines more or lessone as being wealthy. These factors imply types of possessions a mortal has, the quality of smell a soul lives, and the ability to economically maintain themselves. A part of wealth can be linked to the types of possessions a individual faculty have. For example, a part of wealth can be based upon the amount of give birth someone delivers. A someone can have no monetary wealth only ingest a broad amount of worthful land. For example, someone could have no earthshaking amount of bills but own a straight b for each one front property in Waikiki or a block of empty land in the middle of parvenue York City. The land in Waikiki or forward-looking York is not valuable by itself; It is valuable in the eye of economics. In some cases land itself is the ultimate form of wealth. cut cannot be stolen, destroyed, or lost in some computer. It is, for the most part, a enduring investment. Its value may go conquer or up over time, but it is yours indelibly unless you charter to part with it. an opposite(prenominal) example would be someone who owns the only water system affectionateness in a town. A water marrow, to many, is not on the nose worth a lot of currency but is invaluable in that town. The person owning that water pump is wealthy. Quality of life guides a superficial, but in some cases, measurable aspect of wealth. For example, a single arrive of five children features one hundred fifty 1000 dollars each year in an engineering job. Unfortun ately, devil of her children have Praeder W! illi syndrome, a r be chromosomal disorder that is characterized by a progressive weakening of the muscles. (Biology, 270). As part of the 2 affected childrens treatment, a doctor recommends that she gives her two children supplementary growth hormone shots at a time a week to counteract some of the effects of the syndrome. The shots are about a thousand dollars each, and her medical insurance troupe does not tail the vaccinations. A start in this station would struggle to make ends meet without any outside help. Although the mother makes a bulky amount of silver, she is hampered by her two childrens remarkable disease, and her quality of life is probably less than an economist would estimate on paper. A single woman who does not have any children, and makes a modest sum of forty thousand dollars would probably be wealthier because she is able to spend more money on amend her quality of life.         In many cases, being wealthy too depends partly upon the ability to maintain yourself economically.

For example, if one of Bill Gates two children decides to follow The Parable of the Lost countersign, and plans to squander his heritage on a life on dissipation, tour the other child plans to take up his fathers job when he retires, the latter child would most probable become wealthier because the money that was given to him/her will be preserve (Luke 15:11-24). The other child, however, who plans to spend his inheritance freely and does not want to get a job, will therefore not sustain his genetical wealth.          In many cases, a person who is considered by nightspot to be wealthy has th! e high stipendiary job, more than a few estates, and lives a lifestyle that fulfills his wants as well as his needs. Wealth, however, may actually mean numerous things. It does not of necessity mean that the quality of life or material possessions of this person will be great. Nor does wealth solely depend on the amount of money a person makes. Outside factors play a huge part in the definition of wealth. Thoreau once said That man is richest whose pleasures are cheapest. A rich person enjoys the beauty of roses they see, while the unworthy person wants to own the roses. (Internet site). As with beauty, wealth may actually well be defined in the eyes of the beholder. Bibliography Cambel, Jane Reece, and Lawrence g. Mitchell. Biology. calcium:Addison Wasley Longman, Inc., 1999. John. A impertinently deffinition on Wealth. 26 April 1997. The sacred Bible. Kansas: Devore and Sons Inc, 1992. If you want to get a full essay, order it on our website: BestEssayCheap.com

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