The statement is true of a household budget is Income should be more than expenses. Thus the correct answer is C.
<h3>What is the budget?</h3>
The budget is an estimation that records our financial expenses over the income. It helps to control the expenses and by remembering about the income. It helps in setting up limitations on spending.
The household budget includes the purchasing of items related to the house.It reflects how the money will be applied and distributed among various commodities, services, and savings. It includes essentials like grocery, rent, daily maintenance of the house, transportation, and so on.
When planning a budget for a household it should be tried that Income should be more than expenses. Therefore, option C is appropriate.
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• A ruler must be virtuous and set an example for his subjects.
• Education is the key to success.
• Respect for ones’ elders creates an orderly society.
Confucius was a social reformer and believed in morals and a philosophy which he wrote in the “Five canons” and the “Four Books”. It is explained that the priorities are family first and community second.
Thus the values:
1. The ruler must be righteous. He must lead by example, to work hard and inspire others to live morally. The ruler must take care of the well-being of his followers
2. Confucius believed that is by “study and practice” that human beings evolve and that education is the way to improve.
3. The ancestors should be respected and worshiped as part of a religion.
<span>England was able to industrialize first because it had a mobile and abundant work force, many entrepreneurs and problem solvers/inventors. With its abundant natural resources and ready markets, it had all the means of production necessary for it to thrive.</span>
<span>It created little development and a plague by the ethnic groups. </span>
