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If You Are Trying to Prevent Failure, It Is a Good

question 221

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If you are trying to prevent failure, it is a good idea to go into the business with good record-keeping techniques.


Definitions:

Income Distribution

The way in which the total income of an economy is distributed among its population.

Rich

Having a great deal of wealth, assets, or resources; affluent.

Poor

Individuals or communities that lack financial resources and essentials for a minimum standard of living.

Poverty Threshold

The minimum level of income deemed adequate in a particular country to maintain a standard of living.

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