When Risks Are Shared Across Many Different Assets or People

question 80

Multiple Choice

When risks are shared across many different assets or people, reducing the impact of any particular risk on any one individual, it is called:

• A)diversification.
• B)risk pooling.
• C)risk aversion.
• D)risk analysis.

Assess the implications of U.S. domestic policies on minority groups, including African-Americans and the LGBTQ+ community.

Interpret the cultural and societal shifts in the U.S., including attitudes toward sex, family values, and multiculturalism.

Evaluate the significance of major international agreements and conflicts, such as NAFTA, the Gulf War, and the war on terrorism.

Explain the historical significance of economic, social, and political concepts like globalization, triangulation, and the dot com bubble.

---

Definitions:

Rationalisation

A defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.

Unacceptable Behaviour

Actions or conduct deemed inappropriate or offensive in a given social context or by societal standards, warranting disapproval or correction.

False Excuse

A fabricated or insubstantial reason given to justify an action or decision.

Regression

A defense mechanism leading an individual to revert to an earlier stage of development in the face of unacceptable thoughts or impulses.