Kōrero: Investment

Wood chipping machine

Wood chipping machine

Pat Turner shows off his new chipping machine in 1978. He operated a company, Turner’s Tree Services, and the machine was an investment which allowed him to provide better services to his customers. However if one of his customers had bought the machine to use around their own garden, this would be considered by economists as a ‘final consumer good’, not an investment.

Te whakamahi i tēnei tūemi

Alexander Turnbull Library, Dominion Post Collection (PAColl-7327)
Reference: EP/1978/2279/3

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

Ngā whakaahua me ngā rauemi katoa o tēnei kōrero

Te tuhi tohutoro mō tēnei whārangi:

Brent Layton, 'Investment - Economic investment', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/mi/photograph/24100/wood-chipping-machine (accessed 2 October 2022)

He kōrero nā Brent Layton, i tāngia i te 11 Mar 2010