Editing Language/Multiple-languages/Culture/Basics-of-Economy
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An insurance is a way to reduce the loss when facing risks in the future. | An insurance is a way to reduce the loss when facing risks in the future. | ||
There are commercial insurances and social insurances. The commercial ones are run by business entities, which are meant to gather money and be invested to make money; the social ones are run by the government and are compulsory, which are meant to maintain the stability of the society. | |||
There are commercial insurances and social insurances. The commercial ones are run by business entities, | |||
=== Business Entity === | === Business Entity === |