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  • Assignment Nos.8 Savings Investments and The Financial System

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    Ice Voltaire B. Guiang
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    Savings and investments play a crucial role in economic growth by providing capital for businesses to expand production. When people save money, those funds are available for others to borrow and invest in new companies and technologies, thereby increasing productivity and overall wealth. Savings are also important for individuals as a way to allocate resources over time and prepare for future expenses like education, health needs, or retirement.

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    Assignment Nos.8 Savings Investments and the Financial System

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    Savings and investments play a crucial role in economic growth by providing capital for businesses to expand production. When people save money, those funds are available for others to borrow and invest in new companies and technologies, thereby increasing productivity and overall wealth. Savings are also important for individuals as a way to allocate resources over time and prepare for future expenses like education, health needs, or retirement.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    12 views1 page

    Assignment Nos.8 Savings Investments and The Financial System

    Uploaded by

    Ice Voltaire B. Guiang
    Savings and investments play a crucial role in economic growth by providing capital for businesses to expand production. When people save money, those funds are available for others to borrow and invest in new companies and technologies, thereby increasing productivity and overall wealth. Savings are also important for individuals as a way to allocate resources over time and prepare for future expenses like education, health needs, or retirement.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Assignment Nos.

    8 Savings, Investments, and the Financial System

    1. In what role do you think does savings and investments play in the economy? Explain your
    answer.

    2. In what way does saving and investment affect economic growth and development? Give an example
    and justify your answer.

    3. What is savings and why is it important in economic development?

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