Why is it important for human societies to study and understand the processes of the water cycle?

Read the following statements regarding the water cycle: (a) The process where plants release water vapor through their leaves is called transpiration. (b) Infiltration is the process by which water moves along the land surface in streams and rivers. (c) Condensation forms tiny droplets that combine to create clouds. (d) Surface runoff refers to the movement of water that seeps deep into the ground to replenish aquifers. Which of the statements given above are correct?

What is the correct sequential order of the steps involved in the continuous water cycle?