PLZZZ HELP WILL RATE!!

#24) Why is understanding finance important in developing a community?

A) To eliminate the need for infrastructure investment

B) To prioritize individual gain over community well-being

C) To secure funding for critical infrastructure projects and plan for maintenance

D) To focus exclusively on large businesses

#25) If community members lack finance knowledge in a neighborhood with an abandoned park that requires revitalization, it can result in the continued deterioration of the park and negative impacts on the community's well-being.

True

False

#26) Understanding finance is not important for individuals trying to help their neighborhood community to initiate and sustain development projects effectively.

True

False

#27) Why is understanding finance important for individuals trying to help their neighborhood community?

A) To prioritize personal financial gain

B) To eliminate the need for community development

C) To focus exclusively on housing initiatives

D) To initiate and sustain development projects effectively

#28) Understanding finance is not important for individuals trying to help their ethnic community to navigate economic challenges effectively and foster economic empowerment.

True

False

#29) Understanding finance limits the preservation and promotion of cultural heritage within ethnic communities by preventing individuals to develop sustainable funding strategies, apply for cultural preservation grants, and manage event budgets efficiently.

True

False

#30) In the context of economic empowerment within ethnic communities, finance knowledge is crucial to navigate economic challenges effectively and foster economic empowerment.

True

False

#31) How can understanding finance increase the likelihood of a startup's success and career growth for an entrepreneur?

A) How can understanding finance increase the likelihood of a startup's success and career growth for an entrepreneur?

B) By exclusively focusing on personal financial gain

C) By developing a comprehensive business plan, securing funding, and managing resources efficiently

D) By eliminating the need for a business plan

E) By avoiding entrepreneurship altogether