L4 U3-2-3 Business and Economics

A person's debt（债务）is how much he or she owes（负债） to others.

Debt can be in the form of money, products, or services owed to someone else.

If you borrow money, you are taking on new debt.

An asset（资产, 有益的东西） is something that has value, such as money, property or even a nice personality.

Assets can be used to pay off debts.

Specialized knowledge or skills are also assets that can be used to get a job or earn money.

Real estate is property, such as land, houses, and buildings.

Buying, selling or renting property is the business of real estate（房地产）.

Buying and selling real estate is a popular form of investment.

Inventory（货物清单） is a detailed list of items in one's possession.

In business, one's inventory is the supply of items that are ready for sale.

If a store runs out of things to sell, it needs to resupply（再供应） its inventory.

An investment（投资） is the purchase of an asset with the hope that its value will increase.

A good investment will produce income, such as rental（租赁的）income.

If the value of an asset falls, the investment will lose money.

The amount you owe on a loan is a debt.

If you are a great singer, what is your voice? -asset

What is a popular form of investment?

-Buying and selling real estate.

What is a detailed list of an items your possession?

-Inventory

What is the learning of a new skill?

-A good investment

A person's debt is how much he or she owes to others.

To take inventory means to make a detailed list of the items that you have.

When you sell an asset at a higher price than what you paid for it, you have made a profit.

A person's debt is how much he or she owes to others.

Assets can be used to pay off debts.

Real estate is property, such as land, houses, and buildings.

If you buy a house and get a loan, the amount you owe on your loan is part of your debt.

buying and selling real estate is a popular form of investment.