Passive income generator in economics and finance

Hello everyone! Welcome to today's lesson on passive income. We often hear the term 'passive income' being thrown around in discussions about finance and economics. But what exactly does it mean? Well, in simple terms, passive income refers to the money you earn without actively working for it. It's the dream of many individuals, as it offers the potential for financial stability and freedom. In this video, we'll explore the various facets of passive income, its importance in the world of economics, and how it can be a game-changer for your financial journey.