Answer: at first i had a cultural shock, but I decided to adapt to the new culture by understanding the history and reason to why they did what they do. Then I had to view the culture bases on their own perspectives - cultural relativism
Explanation:
Self-criticism can be a constructive mechanism of self-improvement and self-reflection, but it also can be very destructive. In the age of social media, we constantly have access to other peoples lives and can not help but to compare. It is all good, until this analyzing becomes more agressive towards one self. For example, 'oh, they are vacationing at such a nice place' goes to 'I am so stupid, I can never earn so much money to afford such a vacation'. Not everyone have a highly developed self-esteem, then this self-criticism becomes hard to handle and can even turn into constant anxiety and even depression. One of the most prominent self-criticizing has to do with the self-image or appearance. People want to look good and also stand out. This balace is hard to achieve. Sometimes people go as far as immitating the 'idol' or the person they think looks perfect. By self-criticizing you are almost denying your personal traits, and wanting to look like someone else. It all comes down to self-acceptance and controling your self-criticizm. If you try to look at yourself more objectively, you will have healty self-criticism that will help you improve.
Answer: Offset their losses with gains
Explanation:
Diversification reduces the risk of losses because it spreads investment out across different industries that are ideally negatively correlated so that if things in one industry go wrong for instance, things will go right in the other.
For instance, the investor could invest in both Ice cream companies and Hot Beverage companies with the idea being that in winter when the Ice Cream company losses sales, the Hot Beverage company would make up for it and vice versa in the summer.
Diversification therefore works by offsetting losses in one investment with gains in another.
