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What Factors Can Affect a Person's Risk Tolerance,and How Can

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What factors can affect a person's risk tolerance,and how can risk tolerance change over time?


Definitions:

Attributions

The process by which individuals explain the causes of behavior and events, often as either internal dispositions or external situations.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or societal standards.

Compliance

Changing one’s behavior as a result of other people directing or asking for the change.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or standards.

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