Put the Following Steps of the Financial Cycle in the Correct

question 20

Multiple Choice

Put the following steps of the financial cycle in the correct order.
I. Money flows to companies who use it to fund growth through new products.
II. People invest and save their money.
III. Money flows back to savers and investors.

• A) I, II, and III
• B) II, I, and III
• C) III, II, and I
• D) II, III, and I

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Definitions:

Collective Bargaining

The process by which workers, through their unions, negotiate contracts with their employers to determine terms of employment, including wages, hours, and working conditions.

Mass Migration

The movement of large numbers of people from one geographical area to another, often across international borders.

NAALC

The North American Agreement on Labor Cooperation, a supplementary agreement to NAFTA aimed at improving labor standards and working conditions in Canada, Mexico, and the United States.

Labor Standards

Regulations designed to ensure that working conditions are safe, wages are fair, and workers are treated humanely.