As a society's agents face the uncertainties in their lives and try to come to terms with these uncertainties,
A) insurance and an insurance industry will emerge
B) the agents will give up hope of success
C) gambling will strenghten as a social disease

Question

Quizplus · Accepted Answer

The emergence of an insurance industry is a common response to societal uncertainties, as people seek to mitigate potential risks and protect themselves financially. This has been observed throughout history, and is likely to continue in the future. Choices B and C are not necessarily inevitable outcomes of societal uncertainties.

As a Society's Agents Face the Uncertainties in Their Lives