Societies choose what share of their resources to devote to consumption and what share to devote to investment. some of these decisions involve private spending; others involve government spending. for each form of private spending, indicate whether it represents consumption or investment. private spending consumption investment firms buying trash cans people buying houses people buying clothes firms buying computers people buying food for each form of government spending, indicate whether it represents consumption or investment. government spending consumption investment buying military equipment building bridges building roads paying workers to administer government programs

Question

Social Studies

Lewis Dominguez

21 May, 12:41

Societies choose what share of their resources to devote to consumption and what share to devote to investment. some of these decisions involve private spending; others involve government spending. for each form of private spending, indicate whether it represents consumption or investment. private spending consumption investment firms buying trash cans people buying houses people buying clothes firms buying computers people buying food for each form of government spending, indicate whether it represents consumption or investment. government spending consumption investment buying military equipment building bridges building roads paying workers to administer government programs

+2

Answers (1)

Know the Answer?

Brayan Cunningham · Answer 1

Consumption includes: Firms buying trash cans, people buying clothes and people buying food.

Investment includes: People buying houses, firms buying computers.

Government spending on consumption includes paying workers to administer government programs.

Investment spending includes buying military equipment, building bridges and building roads