<u>Answer:</u>
<em>The above statement is absolutely true. </em>
<u>Explanation:</u>
<em>Personal financial statements can be helpful in keeping the record of the expenses in different resources.</em> They also help to account for the family income and expenditures and regulate and maintain them.
Making personal financial statements can additionally help with the planning of the budget and show the indication of one’s financial conditions. <em>Keeping the record of groceries, gas, utility bills, rents, taxes, recreation expenses, etc. </em>
And determining the inflow and outflow of cash through the financial statement helps to find the net cash flow. <em>This shows if you are spending </em><em>more than you earn and can help in regulating the cash inflow and outflow and also control the budget. </em>
Actually it is also a good way to relieve stress. Just exercising or playing an instrument, you
have avenue where you can express your anxiety.
Still, it should not stop there.
If you can you could talk to other people about your problems and get
some counseling. What is important is
that you solve whatever it is that is stressing you out.
The reason behind it is Sociology talks about society, social relationship and also culture. commerce talks about the economy whatever, we purchase and sell. ... The study of sociology and commerce helps us to understand the need for people and helps us to understand the market opportunities and public relations.
As early as the 1640s Swedish boat builders fabricated several small craft on the Delaware River in their short-lived New Sweden colony, but large-scale shipbuilding started when William Penn (1644-1718)<span> settled his great proprietary grant of Pennsylvania between 1681-1682 with skilled Quaker artisans and maritime merchants escaping the religious persecution (sufferings) in old Britain and seeking economic opportunity in the New World. In fact, six years before he founded Philadelphia, Penn had helped shipwright </span>James West (d. 1701)<span> develop a small shipyard in 1676 along the Delaware Riverfront in what later became Vine Street in the city of Philadelphia. Meanwhile, Penn recruited Welsh, Irish, Scot and English Quaker craftsmen who were involved in shipbuilding in Bristol, England, and more fully along the Thames River, already by 1682 a great center of ship construction and merchant houses. Indeed the Southwark section of London’s Thames riverfront soon gave rise to the Southwark shipbuilding and merchant community along the Delaware riverfront of Philadelphia. When the Philadelphia riverfront became too crowded with merchant docks and buildings for establishment of shipyards, many shipwrights moved a few miles upriver to the Kensington neighborhood that soon rivaled Southwark as a shipbuilding center on the Delaware River.</span>
Individuals construct their own life course through the choices and actions they take within the opportunities and constraints of history and social circumstances
a. true
