National wealth

Hello there! Today, I am going to tell you about national wealth. National wealth is a big word that tells us how rich or wealthy a whole country is. Imagine you have a piggy bank where you keep all your money. That piggy bank is like the piggy bank of the country.

The national wealth of a country includes everything valuable that the country owns. This means things like money, resources, buildings, cars, and even more. Just like how you might have some money in your piggy bank, a country has money in their piggy bank too, which we call the national treasury.

Let's say your family owned a farm with fields of crops and animals like cows and chickens. That farm would be included in your family's wealth, right? Now, imagine how many farms and other resources a whole country has! This is why national wealth is so important because it helps the country take care of all the people who live there and make things better for everyone.

It's important not just to think about what the country has now, but also what it will have in the future. So, countries invest their money to make sure they can keep growing their wealth for the long term.

To sum it up, national wealth is like a giant piggy bank that includes all valuable things a country owns, including money and resources. It helps the country take care of its people and become even richer in the future.