Comparison of Economic Activities: Time Deposits, Investments, Income and Needs

Authors

  • Hsu Yu Shin Department of Economics, Dagon University, Myanmar
  • May Zin Ong Department of Economics, Dagon University, Myanmar

DOI:

https://doi.org/10.47616/jamrems.v2i1.84

Keywords:

Investment, Deposit, Revenue

Abstract

This article aims to discuss the comparison of economic activities including time deposits, investment, income and needs. The advantage of a bank by raising reserves through stores is that the cash put away can take longer, considering that stores have a moderately long period of time and the recurrence of withdrawals is additionally uncommon. Hence the bank can unreservedly utilize the credit of these stores. Income in common is regularly related to the sum of cash an individual gets as a result of something done, done, or contributed. The pay is at that point utilized or went through to meet different needs in life for a certain period of time. it is vital to have Financial Management by giving need scale by prioritizing all things that are vital since the more noteworthy a person's pay more often than not the more he needs. The survey results within the AES business group show a significant comparison of the amount of income derived from investment and sales that generate income, while time deposits are rarely performed as a principal economic activity in generating income.

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Published

2021-02-01

How to Cite

Shin, H. Y. ., & Ong, M. Z. . (2021). Comparison of Economic Activities: Time Deposits, Investments, Income and Needs. Journal of Asian Multicultural Research for Economy and Management Study, 2(1), 31-37. https://doi.org/10.47616/jamrems.v2i1.84