When People Are Considered Risk Averse, They

question 17

Multiple Choice

When people are considered risk averse, they:

• A)generally have a low willingness to take on risk.
• B)generally have a high willingness to take on risk.
• C)will only participate in low-risk activities.
• D)will never accept risk in any situation.

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Definitions:

Pathways

Routes or courses that lead to a specific outcome or destination, often used metaphorically to describe processes or career trajectories.

Consequential Life Event

A significant occurrence in one's life that leads to substantial changes in their behavior, attitude, or personal development.

Resilience

The ability to recover quickly from difficulties; a form of emotional strength.

Optimism

A mental attitude characterized by hope and confidence in success and a positive future.