Risk Pooling

question 109

Multiple Choice

Risk pooling:

• A)reallocates the likelihood of catastrophes happening.
• B)reallocates the costs of catastrophes when they occur.
• C)diversifies the risk of catastrophes occurring.
• D)gathers individuals with similar risks and pools them together.

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Definitions:

Contractions

In physiology, the process of muscles becoming tightened or shortened, often referring specifically to the rhythmic tightening of uterine muscles during labor that help to facilitate childbirth.

Birth Canal

The passage comprising the cervix, vagina, and vulva through which a fetus passes during childbirth.

Afterbirth

The placenta and other materials expelled from the uterus following the birth of a baby.

Conceive

To become pregnant or to form a new idea or plan in the mind.