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In Order to Reduce Risk, One Should Diversify into Areas

question 54

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In order to reduce risk, one should diversify into areas that are positively correlated with current areas of involvement.


Definitions:

Adolescents

Young people in the transitional stage from childhood to adulthood, typically between the ages of 13 and 19.

Well-adjusted

Describes an individual who is mentally and emotionally stable, able to cope effectively with the stresses and demands of life.

Rebellious

Exhibiting defiance against authority or resistance to conventions or norms.

Cognitive Development

The process by which individuals acquire and evolve their thinking skills, understanding, and problem-solving capabilities throughout the lifespan.

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