Asked by
Mackenzie Porter
on Nov 16, 2024Verified
The market for insurance is one example of reducing risk by using diversification.
Diversification
An investment strategy that minimizes risk by allocating assets among various financial instruments, industries, or other categories.
- Learn about the function of diversification in decreasing risk in investment collections.
Verified Answer
KS
Learning Objectives
- Learn about the function of diversification in decreasing risk in investment collections.
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