What Is One of the Ways in Which Industrialization Has

question 39

Multiple Choice

What is one of the ways in which industrialization has contributed to changes in the socialization required for work?

• A) Technology has made work socialization unnecessary.
• B) The separation of work and home requires workers to adapt to a variety of situations.
• C) for the first time in history, people have to learn to cooperate with others at work.
• D) Working at home becomes a major part of social life for the first time.
• E) Work is no longer considered as significant a component of one's life as leisure.

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Definitions:

Diversification

Diversification is an investment strategy aimed at reducing risk by allocating investments among various financial instruments, industries, or other categories.

Unsystematic Risk

The risk associated with a specific company or industry that can be mitigated through diversification.

Systematic Risk

The risk inherent to the entire market or market segment, also known as market risk or un-diversifiable risk.

Risk Premium

The additional return required by investors for taking a higher level of risk, compared to a safer investment.