Which of the Following Best Explains Why Approximately One-Third of Households

question 68

Multiple Choice

Which of the following best explains why approximately one-third of households in the United States do not have life insurance?

• A) People like to focus on more enjoyable events.
• B) There is no immediate financial benefit.
• C) People don't want to make the periodic payments.
• D) All of these are correct.

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Definitions:

1700s

The 18th century, a period marked by significant changes worldwide, including enlightenment thinking, industrial advances, and the American and French revolutions.

Enslaved African People

Individuals of African descent who were forcibly brought under control and used for labor, predominantly in the Americas, during the transatlantic slave trade period.

Eighteenth Century

The period from 1701 to 1800 in the Gregorian calendar, known for its significant developments in Enlightenment thought, political revolutions, and the early stages of the Industrial Revolution.