haileyelder24
haileyelder24 haileyelder24
  • 14-02-2022
  • Social Studies
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Describe the difference between saving and investing.

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  • 14-02-2022

Answer:

Savings refers to that part of disposable income, which is not used in consumption, i.e. whatever is remained in the hands of a person, after paying all the expenses. On the other end, Investment is the act of investing the saved money into financial products, with a view of earning profits. It alludes to the increase in capital stock.

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