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The traditional African understanding of wealth

Answer Text:
The traditional African understanding of wealth and poverty
Wealth:
-In traditional African communities wealth is measured in terms of the amount of land, livestock and grains possessed by an individual.
-Wealth is also valued in terms of the number of wives and children a man has.
-Wealth can be owned individually or communally.
-In traditional African communities wealth is acquired through various ways, for example:
Raids
-Wealth was also acquired through raiding other
communities for goats, sheep and cattle.
Trade:
This is a method of trade that involves the exchange of actual goods and services.
Exploitation of natural resources:
For example, Natural vegetation provides people with food (fruits), honey, medicinal herbs, building
materials, seeds for making beads, weaving material and wood for carving.
Farming:
In traditional African communities, farming is the main economic activity.
Bride-wealth:
Many daughters are regarded as a source of wealth to their family.
Inheritance:
-A man who has grown-up children may share wealth among them.
As a gift from God:
-Most African communities believe that wealth is a blessing from God.