SOCIAL ENTREPRENEURSHIP
DEFINITION OF SOCIAL ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Social wealth + Health
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Social wealth + Economic wealth
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Economic wealth-opportunity costs
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Economic wealth + Heal
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Detailed explanation-1: -Wealth is determined by taking the total market value of all physical and intangible assets owned, then subtracting all debts. Essentially, wealth is the accumulation of scarce resources.
Detailed explanation-2: -The author of Atomic Habits, James Clear, suggests that there are 4 types of wealth: financial wealth (money), social wealth (status), time wealth (freedom), and physical wealth (health).
Detailed explanation-3: -The four categories of wealth in economics are financial, social, time, and health.
Detailed explanation-4: -Wealth can be categorized into three principal categories: personal property, including homes or automobiles; monetary savings, such as the accumulation of past income; and the capital wealth of income producing assets, including real estate, stocks, bonds, and businesses.