Explain two criticisms of wealth-related definitions. – InterviewSolution

1.	Explain two criticisms of wealth-related definitions.
Answer» More focus on wealth : In these definitions, more focus was laid upon wealth. Wealth was accepted as a goal of life, while gain of wealth is merely a resource and not an end, by which humans fulfill their wants. Imagination of human wealth : According to ancient economists, humans work either by getting motivated to earn wealth or due to self-interests. However, this thought is wrong. In fact, humans not only work by getting motivated to earn wealth, rather, they also work by getting motivated by other human feelings (like compassion, love and tolerance etc.)

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