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:
INCOME: The most basic financial need is income to cover basic living expenses, such as food, housing, and utilities.
INSURANCE: To protect earnings, people must insure against unforeseen events that create setbacks.
CREDIT: To acquire assets such as a car, home, or education otherwise unattainable through income alone, people need credit.
SAVINGS: When individuals save, they put away resources for specific goals. The ability to save demonstrates discipline and engenders confidence, a sense of achievement.
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.
His purpose was to convince the delegates to secede from Britain, and to fight back against them. He antagonizes Britain by imputing every hardships they faced to Britain.
