as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
explain the principle of 'cause and effect'.
user
the principle of cause and effect states that all events, actions, or behaviors have a cause and, in turn, will have an effect. it is the relationship in which one event or action directly causes another related event or action. for example, if a person is late for work, the consequence (i.e. effect) could be a warning or even a dismissal from their job. therefore, the cause is being late for work.
assistant