Identify the Six Functions of Friendship and Give One Example

question 26

Essay

Identify the six functions of friendship and give one example of each.

---

Definitions:

Disaster Relief

Assistance provided to individuals, businesses, and communities affected by natural or human-made disasters, aiming to help them recover.

Crop Insurance

Insurance that farmers can purchase that will pay out if crop selling prices or crop revenues fall below predetermined values.

Moral Hazard

A situation where one party takes greater risks because they do not have to bear the full consequences of their actions.

Subsidized

Financial support provided by a government or organization to reduce the cost of producing goods or services, often to encourage consumption or investment.