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zaharov [31]
4 years ago
7

In 2 or 3 sentences, explain the savings-borrowing-investing cycle.

Social Studies
1 answer:
Allisa [31]4 years ago
3 0
In the savings-borrowing-investing cycle,  the person or the individual involved will first borrow money or resources to establish capital for their business ventures. Next, they invest in this capital to produce products that would allow money to come in. Lastly, they pay the amount they borrowed and they 'save' their profits for future use, to use for capital again, or to borrow money for the business.
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