Examlex

Solved

Trisha Owns a Line of Hand-Made Purses

question 51

True/False

Trisha owns a line of hand-made purses.She is paid in advance and creates items that are custom made according to her clients' specifications.Trisha uses a system of customer-driven production.


Definitions:

Federal Government

The government system that unites separate states or provinces within a country under a central authority but allows these states certain powers of self-government.

Entitlement

Government programs guaranteeing certain benefits to a particular group or segment of the population, such as Social Security and Medicare.

Social Security

A government program designed to provide financial assistance to people who are retired, disabled, or in other specific situations that affect their earning capacity.

Medicare

A federal health insurance program in the United States for people aged 65 and older, and for some younger individuals with disabilities.

Related Questions