One trend with a profound effect on people's standard of living is the _____, which requires greater responsibility to manage money wisely.
A) single-income family
B) two-income family
C) investment family
D) retirement-income family
E) government

Question

Quizplus · Accepted Answer

The trend of two-income families has had a profound effect on people's standard of living as it requires greater responsibility to manage money wisely. With two earners, there is often more money coming in but also more potential for overspending and debt. Therefore, managing money wisely is crucial for maintaining a comfortable standard of living.

One Trend with a Profound Effect on People's Standard of Living