The Practice of Reducing Risk Through Diversification Could Be Summed

question 198

Multiple Choice

The practice of reducing risk through diversification could be summed up by the phrase

• A)a penny saved is a penny earned
• B)neither a borrower nor a lender be
• C)buy low; sell high
• D)don't put all your eggs in one basket
• E)a fool and his gold are soon parted

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Definitions:

High-SES Families

Households with high socioeconomic status, typically characterized by higher income, education, and occupational status.

Levels of Achievement

Refers to the varying stages or degrees of success and proficiency individuals attain in specific areas or skills.

Mastery Orientation

An approach to learning and achievement that focuses on gaining new skills, improving competence, and understanding material, rather than a focus on outward success.

Fixed Mindsets

The belief that one's abilities, intelligence, and talents are static traits which cannot be significantly developed.