Under Capitalism,which of the Following Was Used to Maintain Social

question 62

Multiple Choice

Under capitalism,which of the following was used to maintain social relationships?

• A) customs
• B) parliament
• C) kinship
• D) contracts

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Definitions:

Annuity Due

A type of annuity in which payments are made at the beginning of each period, typically used in leases and rental agreements, resulting in higher present value compared to ordinary annuities.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, frequently used in the evaluation of investment opportunities.

Investment

An asset or item acquired with the goal of generating income or appreciation in value.

Outstanding Balance

The amount of money owed on a loan or credit line that remains to be paid off.