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______ has to do with protecting individuals and firms from risks. Choose from:

A. Economic Sustainability
B. Economic Security
C. Economic Freedom
D. Economic Efficiency

1 Answer

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Final answer:

Economic security is the subject of the question and it refers to protecting individuals and firms from risks. It is also part of national security and is important for individuals to provide for themselves and their families.

Step-by-step explanation:

The subject of the question is Economic Security. Economic security has to do with protecting individuals and firms from risks. It is the idea that workers will be protected, to a certain degree, from economic events by having a safety net to help out those who are unemployed, injured on the job, or too old to work.

For example, if a country suffers a natural disaster or experiences massive unemployment, individuals would want to know that they are going to have their needs met so they can provide for themselves and their families. Economic security is also part of national security and is as important a part of national security as military security in today's complex system of international trade and limited resources.

Providing a high level of economic security alleviates the fear individuals might feel when it comes to the occurrence of economic risks over which they have little control.

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