Identify Each of the Following Acts as Representing Either Saving

question 22

Essay

Identify each of the following acts as representing either saving or investment.
a.Pieter uses some of his income to buy government bonds.
b.Julie takes some of her income and buys mutual funds.
c.Alex purchases a new truck for his delivery business using borrowed funds.
d.Thato uses some of his income to buy stock in a major corporation.
e.Lerato hires a builder to construct a new building for her bicycle shop.

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Definitions:

Canadian Sociology

The study of social behaviors, structures, and institutions within the specific context of Canada, incorporating its cultural and historical nuances.

Sociological Perspective

A way of viewing society that emphasizes the social contexts in which people live and how these contexts influence people's lives.

C.W. Mills

An influential American sociologist known for his work on the structure of power in American society and the role of the sociological imagination.

Peter Berger

Peter Berger was an influential Austrian-born American sociologist known for his work in the sociology of knowledge, religion, and his contribution to the concept of sociological perspective.