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Consumption = resources consumed today.  
Investment = resources not consumed today in order to provide more resources tomorrow.

Consumption = buying produced goods and services.
Investment = buying produced goods and services.
Savings = resources not consumed today in order to provide more resources tomorrow.
Speculation = buying claims on wealth in the hope of "profit."

by kjr63 on Fri Apr 16th, 2010 at 03:23:06 PM EST
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