Write any two criticisms of wealth-related definition? – InterviewSolution

1.	Write any two criticisms of wealth-related definition?
Answer» Excessive emphasis on wealth : In the wealth related definition excessive emphasis is laid on wealth. Wealth has been assumed to be the objective. However, earning wealth is not an end in itself but a means. Hypothesis of economic man is in a appropriate : According to ancient economists, man works on being inspired by wealth or by his selfish interests. However, in fact this thought is erroneous. In fact, humans not only work for money but, man is also inspired by human feelings, such as compassions, love, etc.

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