The Three Segments That Make Up the Middle of the Pyramid

question 3

Multiple Choice

The three segments that make up the middle of the pyramid in Africa are known as:

• A)Working class, lower middle class, upper class
• B)Rural workers, regional workers, urban workers
• C)Lower class, middle class, upper class
• D)Blue collar workers, white collar workers, working families
• E)Lower middle class, floating class, upper middle class

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Definitions:

Cash in Hand

The amount of cash a company or individual possesses that is readily available for use.

Inventories

The complete list of items such as products, goods in production, or materials that a company holds, intended for sale or use in the production process.

Current Liabilities

Short-term financial obligations that are due within one fiscal year or the operating cycle of a business, whichever is longer.

Cash at Bank

The amount of liquid assets or cash that a company or individual has deposited in a banking institution.