Rapid inflation, cyclical unemployment, war, hurricanes, and floods are all examples of non-diversifiable risk
This is a kind of risk that affects the macro economy or large numbers of persons or groups within the economy and as a result cannot be eliminated via diversification
Answer:
At the top of the social and economic hierarchy was an elite class of families, linked together by intermarriage, membership in exclusive social clubs, and residence in exclusive neighborhoods, as rich as the wealthiest families of Europe. Explanation:
The ancient document that sheds light on the purpose of the
government is called the code of Hammurabi. This is known to be a Babylonian code
in which has been preserved well that has been dated back about 1754 B.C., this
is a record that provides the people and the prosperity during their period in
which was first recorded.
