With a Mutual Fund You Can Diversify Your Holdings by Buying

question 62

True/False

With a mutual fund you can diversify your holdings by buying a mutual fund that owns stock in hundreds of different companies.

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Definitions:

Mining Community

A settlement built around a mine or mining operation, often developed to house workers and provide services.

Arid West

A region in the United States characterized by a dry climate, receiving insufficient rainfall to support most types of agriculture without irrigation.

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marked by significant industrial, cultural, and political changes worldwide.

Theodore Roosevelt

The 26th President of the United States (1901-1909) known for his progressive policies and strong leadership in conservation and foreign affairs.