Inclusive wealth

Inclusive wealth is a measure of the aggregate value of all capital assets in a given region, including produced capital such as roads, buildings, and machines, human capital such as knowledge, education, skills, and health, natural capital such as forests, fossil fuels, fisheries, agricultural land, and water systems, and social capital such as trust, community strength, and institutional capacity, the last of which is embedded within the other categories rather than measured on its own. It functions as a complement to gross domestic product, which tracks flows of goods and services, by instead assessing the underlying stock of productive assets, illustrated by the analogy that a tree is a stock while its fruit is a flow. The Inclusive Wealth Index is intended to show whether countries are developing in a way that lets future generations meet their own needs, addressing a limitation of development measures that focus on GDP alone. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/