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What I want to do in this video is compare investment to consumption. And were going to think about it in two contexts. One I would call the everyday conventional context. And then the other one would be how we would think about it in an economics context. Because these words mean something very particular to an economist. And thats important that it means something particular, because were going to start using these words, or this terminology, or these classifications, to understand where GDP is coming from. So in everyday-- let me draw a line over here. This is going to be everyday or, conversational, versions of this term. And down here, well put the economics, the economic versions of this term, especially when we think of it in the context of accounting for GDP. And theyre not necessarily all that different. But they are different in important ways. So in investment, really in both cases, you can generally view it as something that you do to get some future gain. So for exam
