We propose an exchange-driven aggregation growth model of population and assets with mutually catalyzed birth to study the interaction between the population and assets in their exchange-driven processes. In this model, monomer (or equivalently, individual) exchange occurs between any pair of aggregates of the same species (population or assets). The rate kernels of the exchanges of population and assets are K(k,l) = Kkl and L(k,l) = Lkl , respectively, at which one monomer migrates from an aggregate of size k to another of size l. Meanwhile, an aggregate of one species can yield a new monomer by the catalysis of an arbitrary aggregate of the other species. The rate kernel of asset-catalyzed population birth is I(k,l) = Iklmu [and that of population-catalyzed asset birth is J(k,l) = Jklnu], at which an aggregate of size k gains a monomer birth when it meets a catalyst aggregate of size l . The kinetic behaviors of the population and asset aggregates are solved based on the rate equations. The evolution of the aggregate size distributions of population and assets is found to fall into one of three categories for different parameters mu and nu: (i) population (asset) aggregates evolve according to the conventional scaling form in the case of mu < or = 0 (nu < or = 0), (ii) population (asset) aggregates evolve according to a modified scaling form in the case of nu = 0 and mu > 0 (mu = 0 and nu > 0 ), and (iii) both population and asset aggregates undergo gelation transitions at a finite time in the case of mu = nu > 0.