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How Has Modernization Changed Human Society in the Past Three

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How has modernization changed human society in the past three centuries?


Definitions:

Evolution of Beta

The evolution of beta refers to changes in the beta coefficient of an asset or portfolio over time, indicating variations in its volatility in relation to the broader market.

Forecast

A prediction or estimate of future events, especially relating to weather or economic trends, based on analysis of available data.

Last Year

Refers to the immediately preceding calendar year or fiscal year in financial contexts.

Index Model

A statistical approach for measuring the influence of various economic and financial factors on the returns of a stock or portfolio, often used for risk management.

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