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Anit [1.1K]
3 years ago
10

In personal finance, what is considered a need?

English
2 answers:
Troyanec [42]3 years ago
8 0
Managing your money (spending,saving and investing)
Vitek1552 [10]3 years ago
3 0

Answer:The HFN(Hierarchy of Financial Needs) identifies financial parallels to physiological needs (income), safety (insurance), love and belonging (credit), esteem (savings), and self-actualization (investments)

Explanation:

  1. INCOME: The most basic financial need is income to cover basic living expenses, such as food, housing, and utilities.
  2. INSURANCE: To protect earnings, people must insure against unforeseen events that create setbacks.
  3. CREDIT: To acquire assets such as a car, home, or education otherwise unattainable through income alone, people need credit.
  4. SAVINGS: When individuals save, they put away resources for specific goals. The ability to save demonstrates discipline and engenders confidence, a sense of achievement.
  5. INVESTMENTS:This is the stage where people can invest in ventures that carry risk as well as the potential for return. It represents a turning point because people have investments to generate income, rather than relying solely on earned wages.

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The mysteries of udulpho essays
Viktor [21]

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hey, i think we're working on the same thing rn

read this, it helped me tons:

https://literatureessaysamples.com/category/the-mysteries-of-udolpho/

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5 0
3 years ago
1
olchik [2.2K]

Answer:

D) the process of building versions of a product until the design is perfect

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

For example, a product such as a software application undergoes several developmental stages before it becomes a single unit.

Software development life cycle (SDLC) can be defined as a strategic process or methodology that defines the key steps or stages for creating and implementing high quality software applications.

Some of the models used in the software development life cycle (SDLC) are;

I. A waterfall model: it can be defined as a process which involves sequentially breaking the software development into linear phases. Thus, the development phase takes a downward flow like a waterfall and as such each phase must be completed before starting another without any overlap in the process.

II. An incremental model: it refers to the process in which the requirements or criteria of the software development is divided into many standalone modules until the program is completed.

III. A spiral model: it can be defined as an evolutionary SDLC that is risk-driven in nature and typically comprises of both an iterative and a waterfall model. Spiral model of SDLC consist of these phases; planning, risk analysis, engineering and evaluation.

Hence, an iterative design refers to the process of building versions of a product until the design is perfect.

4 0
4 years ago
What are synonyms of these words:
Korvikt [17]
The synonym of contact is direct a synonym of erode is break down a synonym of moisture is moist(maybe)a synonym of formation is structure a synonym of particles is dust a synonym for repeition is again a synonym for structure is format, a synonym of visible is clear does that help????
6 0
4 years ago
HELP!!!!!!
Lisa [10]

Answer:

Thinking that having will provide a life without problems, actually leads to ruin

3 0
4 years ago
A _____ is a message about life that can be understood in most cultures.
mash [69]
I believe the answer would be theme
Hope this helps
7 0
3 years ago
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