The wealthy are generally more risk-averse than the poor,since the wealthy have more to lose.

Name: The wealthy are generally more risk-averse than the poor,since the wealthy have more to lose.
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Research studies have shown that the poor are generally more risk-taking than the wealthy, as they have relatively less to lose and more to gain. However, it is important to note that there are individual differences and exceptions to this general trend.

The Wealthy Are Generally More Risk-Averse Than the Poor,since the Wealthy