FEMA Is a Structured Approach to Help Identify, Prioritize, and Better

question 61

True/False

FEMA is a structured approach to help identify, prioritize, and better manage risk.

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Definitions:

Lower Two Quintiles

Refers to the bottom 40% of the population, often in terms of income distribution, highlighting socioeconomic status.

Income Received

The total earnings obtained by an individual or entity, including wages, salaries, profits, rents, and other forms of financial gains.

Lowest Quintile

describes the bottom 20% segment of a population sorted by income or wealth, usually referenced in economic studies of inequality.

Income Received

The amount of money or monetary value received by an individual or entity in exchange for goods provided, services rendered or as a return on investments.