What is the difference between wealth and resources?

Question:- What is the difference between wealth and resources?

Ans:-

The difference between  wealth and resources can be regard as below:-

1.      From economic point of view the resource are those things which we use and the wealth are those for what we are after.
2.       People use time and talent to make services and goods that they need and so human being regard as human resource. People use raw materials from the nature.
3.       The concept of Wealth is very limited. For example, India has a lot of mineral wealth, which means the Indian have natural resources that are more valuable and these resources are valuable because people use them to make valuable things.
4.      What people ultimately care about when they thinking or talking about wealth is access to the goods and services that they want. We want cars, so cars are part of our wealth. Fuel is valuable because it helps us to create more of that wealth. So when we think of Fuel as part of our wealth, convert that Fuel into something we want or sell it to someone else and use the proceeds to buy the stuff we actually want.