The Difference Between "Saving" and "Savings" Is That

question 7

Multiple Choice

The difference between "saving" and "savings" is that

• A) saving is done by households and savings are done by businesses.
• B) saving is undertaken as a precaution against unemployment and savings are undertaken to increase investment spending.
• C) savings are cumulation of past and current saving.
• D) saving is placed in financial institutions such as banks, while savings are kept at home by people.

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Definitions:

Self-Actualized

The realization or fulfillment of one's talents and potentialities, especially considered as a drive or need present in everyone.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that posits a hierarchy of human needs, from basic physiological needs to self-actualization.

Full Potential

The maximum level of achievement or development that an individual, organization, or system can reach.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy, from physiological needs to self-actualization.