Which of the Following Is a Source of Insurable Business

question 116

Multiple Choice

Which of the following is a source of insurable business risk?

• A)changes in consumer tastes
• B)changes in government policies
• C)economic recession
• D)accidents to employees

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Definitions:

Social Patterns

Repeated behaviors, practices, or trends observed within societies that reflect collective social norms and values.

Individualism

A theory supporting the idea that individuals should have more personal freedom rather than being controlled by the state or a group.

Social Class

The social structural hierarchical position groups hold relative to the economic, social, political, and cultural resources of society.

Alexis De Tocqueville

A French political thinker and historian best known for his works "Democracy in America," in which he analyzed the improved living standards and social conditions of individuals, as well as the influence of the democratic way of life.