Briefly Explain the Term "Variance" of the Returns

question 60

Essay

Briefly explain the term "variance" of the returns.

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Definitions:

Technological Determinism

The theory that society's technology drives the development of its social structures and cultural values.

Human Values

The principles, standards, or qualities considered worthwhile or desirable in individuals or societies, encompassing moral, ethical, and social virtues.

Social Construction

The concept that aspects of society, such as norms, values, and beliefs, are created and maintained through social interactions and agreements.

Environmental Problems

Issues affecting the natural environment, such as pollution, deforestation, and climate change, that require management or mitigation.