What Is the Term for Trying to Deal with New

question 133

Multiple Choice

What is the term for trying to deal with new situations in terms of existing mental structures

• A) rigidity 
• B) adaptation 
• C) accommodation 
• D) assimilation

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Definitions:

Premium

An amount paid for an insurance policy or added to the regular price of something.

Diversification

The strategy of spreading investments across various financial instruments, industries, or other categories to reduce risk.

Investment

entails the allocation of resources, usually money, into assets or projects expected to generate returns or profits over time.

Risk

The exposure to uncertainty or the potential of loss that can occur as a result of an investment's actual return differing from the expected return.