BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A(n) ____ is the purchase of goods that are not consumed today but are used in the future to create wealth
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Credit
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Investment
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Income
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Savings
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Explanation:
Detailed explanation-1: -An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
Detailed explanation-2: -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-3: -Stocks, real estate, and precious metals are all ownership investments.
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