Answer:
A mortgage is a repayment of a loan which was given to you to buy a home.
Rent is a payment to someone who owns the building in which you live.
Explanation:
A mortgage is a loan used to buy a house and guaranteed by the same house by putting it as a collateral. For example; The loan you took to buy your property.
Rent is a payment that you give the property owner for the right to occupy the place for a specific period. You do not get any ownership rights in exchange.
Benefits: A mortgage is a good thing when you have a place to live somewhere, without paying monthly apartment rent, which means to lose money.
Rent helps low-income households to live in private rental dwellings at a low price.
Answer:
China has more economy than Japan, in fact, China currently has the largest economy in the world, but in fact Japan is a more developed country than China, and this happened because the income of Japan is well distributed to the and in Japan there is more freedom of private initiative.
C. It is an important passageway to the Indian Ocean.
