20
QuizMultiple Choice

Insurance and Risk — Test

Question 20 • Personal Finance

What is represented in this scenario? A small-business owner noticed a decrease in their customers since a new casino was built a few blocks away.

Answer
A
gambling taking away money for necessities.
B
gambling increasing a strain on social services
C
casinos taking away earnings from other businesses
D
casinos providing revenue for the town

Explanation

The business owner is losing customers after the casino opened nearby, suggesting that the casino is drawing customers—and their spending—away from other local businesses. This represents casinos taking away earnings from other businesses. The scenario does not describe spending on necessities or increased demand for social services.

AI-written and checked against the verified answer.

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