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Key Terms Instructions: Please Define the Following Key Terms

question 87

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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
freethinker


Definitions:

Wealth

An abundance of valuable financial assets or physical possessions which can be transformed into forms that can be used for transactions.

Financial Assets

Assets that derive value from a contractual claim on future earnings or from owning equity in a company, such as stocks, bonds, or bank deposits.

Income Inequality

The unequal allocation of income among individuals in a community, resulting in differences in wealth and life quality.

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