What do you mean by investment. explain the importance?
Answers
Answered by
12
An investment is the purchase of goods that are not consumed today but are used in the future to create wealth.
Investments are important because in today's world, just earning money is not enough. You work hard for the money you earn. But that may not be adequate for you to lead a comfortable lifestyle or fulfill your dreams and goals.
Investments are important because in today's world, just earning money is not enough. You work hard for the money you earn. But that may not be adequate for you to lead a comfortable lifestyle or fulfill your dreams and goals.
Answered by
0
in general, to invest is to allocate money (or sometimes another resource, such as time) in the expectation of some benefit in the future – for example, investment in durable goods, in real estate by the service industry, in factories for manufacturing, in product development, and in research and development.
Similar questions