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In four to six sentences, explain the savings-borrowing-Investing cycle.​

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Answer:

The savings-borrowing-investing cycle starts with borrowing for most people. People borrow money to initially pay for goods and services. Next, people can start investing money for future needs and wants. Investing will usually get the person more money later on. Finally, the person can save some money and spend the rest of their income.

User Jjlema
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Step-by-step explanation:

The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital and they then use this capital to invest in their future.

User Harsh Mishra
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