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An Emergency Fund Is an Amount of Money That Can

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An emergency fund is an amount of money that can be obtained quickly in case of immediate need.


Definitions:

Class Analysis

The study of the social and economic divisions within society, particularly regarding social class and inequality.

Stratification

The arrangement or classification of society into layers or classes based on factors like wealth, occupation, or race.

Sociology

The systematic study of human behavior in social context.

Poverty Threshold

The minimum level of income deemed adequate in a particular country to live on; used to identify who is considered to be living in poverty.

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