The Strategy of Eliminating (Or Almost Eliminating) Risks by Taking

question 184

Multiple Choice

The strategy of eliminating (or almost eliminating) risks by taking a small share in many independent events or by taking advantage of the predictability associated with large numbers of independent events is known as:

• A)floating.
• B)specializing.
• C)pooling.
• D)screening.

---

Definitions:

Blacks

A term referring to people of African descent, often used in the context of discussing racial identity and experiences, particularly in the United States.

Church Attendance

The practice of going to church services, reflecting an individual's commitment to their faith and religious community.

1850s

A decade during the 19th century (1850-1859) marked by significant events including the height of the Industrial Revolution, the expansion of the American territories, and growing tensions leading to the Civil War.

Nat Turner's Rebellion

An 1831 slave rebellion led by Nat Turner in Virginia, representing one of the bloodiest and most significant instances of resistance against slavery in the United States.