Examlex
If a nation has an open economy, it means that the nation allows private ownership of capital.
Material Wealth
The quantifiable fiscal assets and possessions owned by an individual or entity, often used as a measure of economic status.
Real Assets
Tangible assets such as land, buildings, and commodities that have intrinsic value due to their physical properties.
Financial Assets
Assets that derive value because of a contractual claim, such as bank deposits, stocks, bonds, and investments.
Pension Reserves
Are funds set aside by employers, governments, or other organizations to support employees' retirement benefits.
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