wealth - the net gain in material well-being from economic activity. Wealth is measured according to the items of value in a given culture. wealth concentration measure - measures inequality. Percentages, Gini coefficient, ranges are all measures of wealth concentration. wealth distribution - a plot of the wealth held by all the members of a community. Wealth distribution is concerned with the whole population of people. world view - the beliefs about the limits and workings of the world shared by the members of a society and represented in their myths, lore, ceremonies, social conduct, and general values.
One might perceive particular groups of others, identified by their behavior or other characteristics, to be more reliable guides to the situation than the average person. One might think truck drivers to be more frequent, and therefore more experienced drivers than others, and therefore weigh more heavily the number of trucks than the number of cars parked when judging the quality of a restaurant. One might identify the movement of betting odds or securities prices at certain times as revealing the preferences of "smart money"—those more likely to be in the know.