To Survive a Crisis, You Can Take the Following Steps

question 91

Multiple Choice

To survive a crisis, you can take the following steps:

• A) establish a larger than usual emergency fund
• B) know what you owe and reduce your spending
• C) notify your lenders if you are unable to make payments
• D) monitor the value of your investment and retirement accounts
• E) All of the above

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Definitions:

Contributing Factors

Elements or circumstances that play a part in bringing about a particular outcome, often in a complex network of cause and effect.

Secularism

The belief that religion should play no role in public life.

Public Life

Activities and interactions that occur within the public sphere, often involving governance, community participation, and public discourse.

Religion

A set of beliefs, practices, and systems that relate humanity to spirituality and, sometimes, to moral values.