Why Did Having Many Children Make Sense Before the Days

question 27

Multiple Choice

Why did having many children make sense before the days of old age pensions,family allowance,and welfare?

• A)The family was a stronger social institution.
• B)People had limited access to contraceptives.
• C)Children provided natural companions in old age.
• D)Children provided the best social security system.

Analyze the financial implications of making lump sum payments on loan principals.

Evaluate investment strategies involving government treasury bills and commercial paper.

Understand the application of simple interest in financial instruments.

Determine the proceeds from discounting promissory notes.

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Definitions:

Supreme Court Justices

Members of the Supreme Court of the United States, the highest federal court, responsible for interpreting the Constitution and adjudicating on significant legal disputes.

Expand

To increase in size, volume, quantity, or scope; in business, it often refers to growth strategies through opening new locations, markets, or product lines.

Constitutional

Relating to an established set of principles governing a state or other organization.

Salaries

refer to a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker.