QUESTION IMAGE
Question
show what you know-demonstrate what you learned about building your financial future
match each type of asset with the best description.
physical assets
financial assets
productive assets
- the amount of cash in your savings account or the amount of cash in your pocket
- can help you produce more assets, often by helping you earn more money
- can be seen and touched
Brief Explanations
- Productive Assets: These are assets that help in generating more assets or income. The description "Can help you produce more assets, often by helping you earn more money" matches this as productive assets are used to create value and earn income.
- Financial Assets: These are related to monetary value like cash, savings, etc. The description "The amount of cash in your savings account or the amount of cash in your pocket" fits as financial assets include cash and cash - equivalent instruments.
- Physical Assets: These are tangible assets that can be seen and touched. The description "Can be seen and touched" is the characteristic of physical assets like property, equipment etc.
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- Productive Assets - Can help you produce more assets, often by helping you earn more money
- Financial Assets - The amount of cash in your savings account or the amount of cash in your pocket
- Physical Assets - Can be seen and touched