Weis6a7maraajulis
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  • 26-05-2016
  • Business
contestada

Describe the saving-borrowing-investing cycle.

Respuesta :

andriansp andriansp
  • 02-06-2016
It's a cycle that people in general do to achieve financial stability

Here is an example of the saving - borrowing - investing :

- a person borrow money from the Bank
- With that money, he use it to invest in some sort of business
- That business generate revenue and that revenue could be used in that person's saving
- since now he got more saving, now he can be the one who lend the money
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