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An Individual Can Almost Eliminate Risk by Taking a Small

question 31

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An individual can almost eliminate risk by taking a small share in many independent events or by taking advantage of the predictability associated with large numbers of independent events. This is known as:


Definitions:

Giftedness

Characteristics referring to individuals, particularly children, who exhibit exceptional levels of aptitude or competence in one or more domains.

Creativity

The use of imagination or original ideas to create something; inventiveness that is often applied in artistic endeavours and problem-solving.

Creativity

The ability to produce original ideas, approaches, or solutions to problems, characterized by innovation and imagination.

Social Conflict

A situation where individuals or groups have opposing interests, values, or needs, often leading to tension and disputes.

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