Financial Equilibrium

            

             The intent of this research paper is to examine whether the economy can influence personal wealth, and if so in what manner. Multiple historians, sociologists, psychologists, historians and business entrepreneurs have explored the relationship between the economy and personal wealth. Many have concluded that with economic success and bounty come corruption and inequality of distribution of personal wealth within societies (Ikels, 1996; Angle, 1986; Kiester & Moller, 2000). .

             From the preliminary literature available the researcher will assume for purposes of this exploration that the economy can influence ones ability to create personal wealth but may also limit one's personal wealth opportunities. The exact influence of the economy on personal wealth results from multiple factors including cultural, sociological, philosophical and historical ones. An interdisciplinary investigation of each of these factors is provided below.

             Conceptual Framework.

             The issue of the economies influence on personal wealth will be addressed by reviewing the literature in the disciplines of history, philosophy, business, sociology and psychology. There is ample evidence suggesting that the influence of the economy on personal wealth varies depending on ones outlook, or whether one views the economy from a historical, philosophical, cultural or other viewpoint (Husted, 1999: 339). To help more clearly analyze the influence the economy has on personal wealth, a comprehensive analysis and interpretation of the literature on this subject is necessary and will be provided by the researcher. .

             Literature Review.

             Historical Relevance of Economy's Influence on Personal Wealth.

             Historically much evidence exists suggesting that the economy in all its forms influences personal wealth. Studies suggest that in many countries for example as private markets begin to flourish, "individual households" including private entrepreneurs began realizing greater personal wealth (Ikels, 1996:2).

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