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Who Proposed That Practical Knowledge Should Be Considered Part of Intelligence

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Who proposed that practical knowledge should be considered part of intelligence?


Definitions:

Premium Payment

The amount paid for an insurance policy, either regularly or as a lump sum.

Flood Insurance

A specific insurance coverage against property loss from flooding, typically required for buildings in designated flood-prone zones.

Pooling Of Risk

The practice of spreading financial risks among a large number of participants, thereby minimizing the overall impact to any single participant.

Diversification

The strategy of investing in a variety of securities in order to lower the risk involved with putting money into few investments.

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