Which Term Refers to the Condition of Having Direct Control

question 51

Multiple Choice

Which term refers to the condition of having direct control over what is happening in one's own life?

• A) Citizen participation
• B) Personal empowerment
• C) Social empowerment
• D) Community building

---

Definitions:

Accounting Equation

The foundational principle in accounting that equates assets with the sum of liabilities and owner's equity: Assets = Liabilities + Equity.

Equity

Equity represents the ownership value held in assets after all liabilities have been subtracted, often referred to as net worth.

Sole Proprietorship

A business structure in which a single individual owns and operates the business, bearing unlimited personal liability.

Owner

An individual or entity that holds the legal right or title to something, such as a business or property.