What best describes wealth in the context of consumer well-being?

Wealth, in the context of consumer well-being, refers to the availability of goods and services that promote a positive quality of life and enhance the overall well-being of individuals and communities. This perspective recognizes that consumer well-being is not solely dependent on the quantity of material possessions or financial resources but also on access to resources that support physical health, emotional well-being, and social connectedness.

By considering wealth as encompassing goods and services that facilitate personal development, improve living conditions, and provide opportunities for fulfillment, it aligns more closely with the holistic understanding of consumer well-being. This includes not only tangible assets but also the value of experiences, social networks, and community support systems that contribute to a flourishing life. Thus, this perspective offers a broader and more inclusive definition of wealth that goes beyond just financial metrics or material belongings.