Question

Wealth cannot be classified as __________.

• A. Private Wealth
• B. Assertive Wealth
• C. Negative Wealth
• D. None of the above

Answer 1

The correct option is D None of the above

Wealth: it is defined as the stock of resources which can be used at present or in the future.

All the given options are the classifications of wealth:

• Private wealth: This includes all material and non material goods of an individual which can convert into money.
  
• Public wealth: This includes all material and non material goods owned by a community together
  
• Negative Wealth: it is owned by an individual for a particular time period and then returned.
  
• National Wealth: it is the wealth owned by nation.