Wealth is defined as the abundance of valuable resources and possession, which can be regarded as useful to man. A person, a city or a country which possess fortune is said to be wealthy. The definition has not changed very much in dictionaries, but the present context of wealth has surely done so. The ancient believed wealth to be more physical like land and possessions while today it has become more monetary. The idea of fortune also differs from generation to generation and region to region. Given below are some anthropological views on wealth.
The interpersonal concept
Many anthropologists state that even in the start of mankind as great apes, there had been tendencies to possess certain equipment they thought were useful. Tools and fire were the two main necessities which the apes thought would give power and control to them, if acquired. With the advancement and civilization of humans, these possessions began to be more monetary and now had become extremely money based. As a result, now a person’s net worth is measured with his money and possession.
Accumulation of non-necessities
This method was practiced long ago by Russians as a system of wealth management. An archeological site revealed a dead body of a grown up male and two children who had died a long time ago, wearing expensive clothes of the day. According to the ages of the corpses, their riches were not earned by them but accumulated from somebody else (most probably from parents). Their art work is done by skilled artisans of that day and do not show any importance for their survival.
Control of land
The definition took a new turn during the Egyptian civilization. Anybody who controlled the land and water was wealthy according to their culture, as their main source of economy was agriculture. Consequently, there arose feudal wars, boundary disputes and many conspiracies within the civilization itself. This is one drawback you can find in possessing wealth. These civilizers had no problem in wealth management. They accumulated as much as resources as they can get hold of.
We faced a technological advancement with the dawn of the industrial revolution. The number of machines which replaced workers increased while education was given a priority in the working hierarchy. Therefore a capital, which was categorized as physical capital and infrastructural capital became the focus in wealth analysis. This article offers a wide range of products and services that help you plan and invest for the future.
Though different views and ideas had been expressed under wealth analysis, accumulation of wealth can be very tiring, unless you are born to a family who owns jets and private islands.