Wealth is anything and everything made valuable by human
effort. The two main channels through which wealth is acquired are PRODUCTION and DISTRIBUTION. There are three parts to PRODUCTION, namely, INVENTION, ORGANIZATION and LABOR. There is one main part to DISTRIBUTION ![]() |
which comes under the general head of TRADE. The INVENTOR, or DESIGNER, or PLANNER, whichever you may call him, develops the idea that produces wealth; the ORGANIZER combines the forces to execute the plans, and the LABORER materializes the plans that make the wealth. So wealth is actually produced through the combined efforts of INVENTOR, ORGANIZER and LABORER. One is just as necessary and important as the other. The Inventor can be classed as the Inventor, Designer or Planner. |