A Characteristic of _____________________ Is That Money Is Increasingly Liquid

question 49

Multiple Choice

A characteristic of _____________________ is that money is increasingly liquid and flows around the world quite readily.

• A) microfinance
• B) liquid finance
• C) macrofinance
• D) small finance

---

Definitions:

Innovation

The process of creating new ideas, products, or methods, often leading to improvements or contributing to significant changes in society.

Global Economy

An interconnected marketplace where goods, services, and labor are traded worldwide, and economic events in one part of the world can have an impact on other parts.

Foreign-Owned Company

A business entity that is owned by individuals or corporations from a country different from where the company operates.

Empowerment

The process of granting individuals or groups more power and responsibility to make decisions and control over their work or life situations.