One goal of wealth management is to prevent wealth from freezing and to ensure that wealth is used for productive activities. Based on your point of view, discuss approaches to prevent people from holding wealth without engaging in any financial activities.

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)
7th Edition
ISBN:9780357033609
Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk
Chapter4: Managing Your Cash And Savings
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One goal of wealth management is to prevent wealth from freezing and to ensure that wealth is used for productive activities. Based on your point of view, discuss approaches to prevent people from holding wealth without engaging in any financial activities.

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