The Evolution and Significance of Finance
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following best describes the evolution of finance?

  • Finance emerged as a separate field from economics when governments started to invest in businesses.
  • Finance has always been a separate field from economics.
  • Finance emerged as a separate field from economics when large corporations were created by early industrialists. (correct)
  • Finance emerged as a separate field from economics when small businesses started to grow.

    • What is the main focus of finance?

  • The process of allocating money and obtaining resources.
  • The process of spending and investing money.
  • The process of transferring money among individuals, businesses, and governments. (correct)
  • The process of earning and raising money.

    • Why is a course in finance helpful?

  • To understand how to transfer money.
  • To understand how to earn and raise money.
  • To understand how to spend and invest money.
  • To understand how to allocate money. (correct)

    • Who does finance aim to answer financial queries of?

    <p>Individuals, businesses, and governments.</p> Signup and view all the answers

    What does finance involve?

    <p>The process of transferring money among individuals, businesses, and governments.</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser