ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Redirecting resources from being consumed today to create future benefits
A
FDIC
B
Mortgage
C
Investment
D
Bond
Explanation: 

Detailed explanation-1: -2 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: -In general, investment is the use of income today in a way that allows for a future benefit. More specifically, economic investment refers to money lent to businesses-to finance the construction of a new factory, for example.

Detailed explanation-5: -Growth investments. Shares. Property. Defensive investments. Cash. Fixed interest.

There is 1 question to complete.