Which Is Not One of the Three Major Consumer Financial

question 63

Multiple Choice

Which is not one of the three major consumer financial institutions?

• A)Insurance companies
• B)Commercial banks
• C)Credit unions
• D)Savings institutions

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Definitions:

Economic Factors

External factors including the strength or weakness of markets, stability of trade cycles, specific industry conditions, customer preferences, and government’s economic policies.

Labor Laws

Regulations and laws that govern the rights and responsibilities of workers, employers, and labor unions to ensure fair employment practices.

Political Factors

Elements related to government actions, policies, and political stability that can influence business operations and decisions.

Acquire Resources

The process of obtaining the necessary materials, finances, and human skills required for the operation of a business or project.