Through insurance and other devices, the modern economy offers many ways for individuals to reduce their exposure to risk.False

Name: Through insurance and other devices, the modern economy offers many ways for individuals to reduce their exposure to risk.False
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

Quizplus · Accepted Answer

The statement is true. Insurance and other risk management strategies such as diversification and hedging allow individuals to reduce their exposure to various types of risks in the modern economy.

Through Insurance and Other Devices, the Modern Economy Offers Many