While Taking Advantage of Good Economic Times, Wise Leaders Realize

question 21

True/False

While taking advantage of good economic times, wise leaders realize that there must also be long-term preparation for market dips, economic downturns, and occasional corporate disasters.

---

Definitions:

Government

The organization that governs or administers a specific territory or country, responsible for creating and enforcing laws, policies, and regulations.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to buy at a particular price.

Rent Controls

Government-imposed maximum rents to cap how much landlords can charge tenants, intended to make housing more affordable.

Rent Control Ceiling

A legal maximum price that can be charged for rental housing, intended to keep housing affordable for tenants.