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Explain the Factors That Account for the Large Increase in Market

question 74

Essay

Explain the factors that account for the large increase in market share experienced by mutual funds since 1980.

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Definitions:

Objectively

In a manner that is not influenced by personal feelings or opinions, in a way that is based on facts.

Middle Age

The period in a person's life, often defined as between 45 to 65 years old, characterized by adjustments to aging and preparing for later life.

Pillar Of Strength

A metaphorical term for a remarkably supportive or emotionally strong person on whom others may rely during difficult times.

Comforting

Providing solace, consolation, or reassurance to someone who is distressed or in discomfort.

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