Define What an Emergency Fund Is and Describe Its Function

question 94

Essay

Define what an emergency fund is and describe its function. If your income is $20,000 per year and living expenses are $1,500/month, how much money should be in the fund?

Understand the concept of the Internet of Things (IoT) and its applications.

Grasp the significance of environmental scanning in identifying technological and competitive forces.

Acknowledge the role of marketing strategies in different competitive environments.

Understand government regulation of monopolies and its impact on marketing.

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Definitions:

Brown V. Board Of Education

A landmark 1954 U.S. Supreme Court decision that declared state laws establishing separate public schools for black and white students to be unconstitutional.

Confederate State

A state that was part of the Confederate States of America during the American Civil War, which seceded from the Union in an attempt to preserve slavery and states' rights.

Earl Warren

An American jurist and politician who served as the 14th Chief Justice of the United States, known for his leadership in landmark Supreme Court decisions, including Brown v. Board of Education.

Segregation

The enforced separation of different racial groups in daily life, such as in housing, education, and employment, historically sanctioned by law in the United States and other countries.