Widespread Mobile Phone Use Has Helped to Reduce Poverty in Many

question 15

Multiple Choice

Widespread mobile phone use has helped to reduce poverty in many poor nations.What is the best explanation for this?

• A) People are now able to call for help more easily when they are victims of crime.
• B) People can access markets and services that they had no access to previously.
• C) People can write apps for phones and sell them, allowing them to earn their way out of poverty.
• D) People have more access to knowledge, allowing them to gain information and education like never before.

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Definitions:

Cash Flowing

The movement of money in and out of a business, representing its operational liquidity.

Expenses

Costs incurred during the operation of a business that are necessary for generating revenue, such as rent, salaries, utilities, and materials.

Residual Value

The estimated value of a fixed asset at the end of its useful life.

Useful Life

The estimated lifespan of a depreciable asset during which it can be expected to contribute to company operations.