It was for the reason that it required the maximum feasible participation of the poor proposed to help, which makes the community action program one of the most controversial parts of poverty programs. To add up, it was initiated by the 1964 Economic Opportunity Act as a measured done by the government provide families with self-sufficient programs.
The statement that the information from a balance sheet is helpful, although it doesn't clearly show whether someone can cover their liabilities in the short term is True.
The balance sheet is a financial statement that shows the assets and liabilities that are owned by an entity at any point in time. The balance sheet is compared against past records.
It does not have the potential to clearly show us if a company can offset its liabilities because some other important markers that can be used to calculate this are not clearly indicated in the balance sheet.
So, the statement above is true.
Learn more about the balance sheet here:
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The different characteristics of democracy are related to the types of democracy that currently exist.
These types and their characteristics are:
Direct democracy: This democracy allows all citizens of a region to participate directly in the establishment of policies. This type of democracy was exercised in Athens and allowed any citizen (women and slaves not to be considered) to be able to present a bill, in addition to voting on the bills presented. Not only that, citizens could also participate directly in the region's legislative and executive power.
Representative democracy: It is the type of democracy used in republican and parliamentary countries. it is the most common type today and allows citizens to participate in the formation of policies indirectly, through the choice of their representatives, through the election of those who form the legislative and executive power.
Participatory democracy: It can be considered a semi-direct democracy. This is because it allows citizens to vote for their representatives, but it also allows citizens to participate directly in their country's governmental decisions.
