A person debt is how much he or she owes to others. Debt can be in the form of money, products and services owes to someone else. If you borrow money, they were taking on new debt.
An asset 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 properties such as land, houses and buildings. Buying, selling or renting property is the business of real estate. Buying or selling real estate is popular for investments.
Inventory is a detail 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 the things for sale, it needs to resupply its inventory.
An investment is the purchase of assets with the hope that its value will increase. A good investment can produce income, such as rent income. If the value of that assets falls, the investment will lose money.
China is the second largest country in the world by land area. A major issue for china is the continuing expansion of its desserts which had led the dust storms each spring. Many of the world most polluted cities are located there.
South Asia is referred to as Indian sub-continent. It’s called the sub-continent because it separated from the rest of Asia by mountains and sea. It’s one of world’s poorest region with about 75% of the poor living in rural areas.
Europe is western neighbor of Asia. It’s separated from Asia by Ural Mountains which extent for 1500 miles in the north south direction from the Antarctic ocean.
The Philippines is the only country in Asia with a majority of Christians. The Philippines is an island Nation with over 7000 islands. It’s located on the south China sea. The country’s capital city is Manila.
Asia is the world largest continent covering about 30% of the earth land area. Several island nations are also a part of Asia, including Japan. The world’s tallest mountain is in Asia, including Mount Everest.
