00:01
Well, saving in economy, either is by government or by public sector.
00:07
Government is taxes minus government spending and in or either by private, okay? public, private saving.
00:25
And that means you put away your, some of your disposable income.
00:32
And then investment is, the economy is very specific.
00:38
It has to be, it means acquiring physical capital.
00:50
So investment in economics means getting physical capital, right? so knowing these facts, now let's see these cases, which one of these cases, investment and which one is saving.
01:06
A, your family takes out a mortgage and buys a new house, okay? so a family buys a new house by mortgage, getting a mortgage.
01:15
That is investment.
01:16
Again, it's very important...