What Is The Difference Between Private Investment And Consumption?


1 Answers

amber Jhon Profile
amber Jhon answered
In economics consumption is basic motivating force in the utilization of products. The instinct of the consumers select some goods and services that may make them happiest. It is considered as the total personal consumption expenditure according to Keynesian which means that the total income excluding savings which a consumer spends. On the other hand the private investment is the pool of money in which a person also wants to contribute to get profit. Consumption comes from the perspectives of consumers where there is loss of income in alternate to a product while private investment leads to produce means through which income can be earned and consumption power of consumer can be increased.

Answer Question