ECONOMICS
MONEY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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providing money for your family
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the act of redirecting resources from being consumed today so that they may create benefits in the future
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an institution that helps channel funds from savers to borrowers
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a collection of financial intermediaries
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Detailed explanation-1: -INVESTMENT Definition-act of redirecting resources from being consumed today so they may create benefits in the future.
Detailed explanation-2: -Investment is the act of redirecting resources from being consumed today so that they may create benefits in the future. In short, investment is the use of assets to earn income or profit. When people save or invest their money, their funds become available for businesses to use to expand and grow.
Detailed explanation-3: -*Investing = the act of redirecting resources from being consumed today to create benefits in the future.
Detailed explanation-4: -An investment is an asset or item accrued with the goal of generating income or recognition. In an economic outlook, an investment is the purchase of goods that are not consumed today but are used in the future to generate wealth.
Detailed explanation-5: -The primary purpose of investing is to create wealth. Investments allow you to meet your short-term and long-term goals. They also help you lead a comfortable life post-retirement. Investing ensures that you’re prepared for unforeseen emergencies.