The correct answer is "Business Cycle." Economic growth, peaks, economic downturns, and troughs are part of the Business Cycle. It is the downward and upward movement of levels of gross domestic product (GDP) and refers to the period of expansions and contractions in the level of economic activities (business fluctuations<span>) around its long-term growth trend.</span>
Answer:
C. Labor
Explanation:
Labor means to work so if you are performing a job and/or task you would be working.
Answer: By definition, generational wealth represents assets passed down from one generation to the next. If you can leave behind a notable inheritance to your descendants, that constitutes generational wealth. These assets can include real estate, stock market investments, a business, or anything else which contains monetary value.
People who inherit generational wealth have a significant financial advantage over those who do not. They likely have the ability to avoid student loans as well as other types of costly debt. Instead, their inheritance could go towards income-generating investments, assets which appreciate in value, or even towards purchasing their first home.
Explanation: To generate wealth you can pass on, you need to acquire assets or save money you won’t need to spend in retirement. You then pass down the money and assets to children or other younger relatives.
While the concept is simple, unless you had wealth passed down to you, accumulating extra assets can be slow. Fortunately, it’s entirely possible if you are strategic with your finances. These four strategies are the most accessible paths toward building generational wealth.
The Executive Department does not call its chief administrator the secretary of the department. This is because the chief administrator of the Executive Department of the Government is the President or the leader of the country. Other people who are in the different branches of the government are appointed by the President because they are a part of his cabinet.
