Economy including the businesses that produce goods and services and workplaces such as factories, stores, and offices. All of the above living and non-living components of communities are considered sources of wealth. When most people think of wealth, they picture money, factories, buildings, cars, etc. Wealth is usually defined as all the things that have a monetary value or are useful. Wealth can be more inclusive than simply material items, however.
Wealth can be all of the things that make life better for people.
Often, life is made better by things such as safe neighborhoods, knowledge, or a beautiful and healthy outdoor setting. The economy category includes factories, buildings, roads, houses and income. The people category includes all the people in a community and the skills and talents those people possess. For example, a community with many teachers, doctors and carpenters is wealthy in skilled workers. The environment category includes the benefits that are derived from the natural world, whether or not they have a dollar value.