The correct answer is option C. Wealth beyond what is needed to meet basic human needs such as food and shelter is known as surplus wealth.
The owner of surplus riches is obligated to manage it for the benefit of the community during his lifetime as a sacred trust. The amount of a resource or item that is left over is known as a surplus.
Wealth is crucial because it gives you the freedom to govern your life, take care of your loved ones, and give back to your community. The ability to trade while reducing the need for trust enhances everyone's level of living, which is why wealth is vital to society.
Learn more about wealth here
https://brainly.com/question/1590146
#SPJ4