USA HISTORY

Detailed explanation-1: -Affluence is all about income. Wealth is about the outcome. Affluence tends to be temporary. Wealth tends to be permanent.

Detailed explanation-2: -Some common synonyms of wealthy are affluent, opulent, and rich. While all these words mean “having goods, property, and money in abundance, ” wealthy stresses the possession of property and intrinsically valuable things.

Detailed explanation-3: -Mass Affluent Definition Mass affluent is a term that describes a middle-class household earning an annual income of more than $75, 000 and holding between $100, 000 and $1 million in investable assets. As middle-class earners, the mass affluent are usually employed in white-collar jobs and have substantial savings.

Detailed explanation-4: -rich, wealthy, affluent, opulent mean having goods, property, and money in abundance. rich implies having more than enough to gratify normal needs or desires. became rich through shrewd investing. wealthy stresses the possession of property and intrinsically valuable things.