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stepladder [879]
3 years ago
10

A key difficulty facing insurance companies is that people know more about their health than do insurance companies, and that th

ose people who are seriously ill are the most likely to want to obtain health insurance. What is this phenomenon called?
Social Studies
1 answer:
sattari [20]3 years ago
3 0

Answer: asymmetric information

Explanation: This phenomenon happens when there is a knowledge gap between two parties, meaning when one party has more knowledge about a subject matter than the other. For example a property owner who wants to sell a particular property has more information about the property than the buyer. This problem is common in the financial industry, for example a loan officer has all the information and conditions that surrounds giving out a loan than the customer taking the loan. This situation could lead to making decisions with negative repercussions.

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Ilia_Sergeevich [38]

Answer:

The answer is creating new materials!

4 0
3 years ago
How did people in China adapt to their environment?
Rzqust [24]
<span>They started farming the land and created homesteads built walls for protection. Dug canals for water and irrigation.</span>
5 0
4 years ago
What are 2 key differences between traditional (collectivist) cultures values and individualistic society for emerging adults? (
taurus [48]

The correct answer is option A and option D. Remaining in the parental house as well as financial independence are the two key differences between Collectivist cultures, values and Individualistic society for emerging adults.

The wants and objectives of the group as a whole are prioritized over the needs and preferences of each individual in collective cultures. In such societies, each person's identity is fundamentally shaped by their connections to other individuals and their relationships with other group members.

A collectivist culture is well represented by Korea. Loyalty is a key component of the extended family, which is particularly significant in Korean culture. People in Korea are devoted to their families and fellow citizens, and they also feel a sense of duty to Korean society as a whole.

Learn more about Collectivistic culture here

brainly.com/question/14873316

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3 0
2 years ago
How can being too good at your job keep you from getting promoted? How can you avoid this issue?
Ahat [919]
It can make you seem desperate and make you look like a suck up which people do not like.

Start out your first day as a generally ok worker and get a little better from there and right before a promotion do your best
8 0
3 years ago
Read 2 more answers
At the taking of a free kick, an opponent who is less than ten yards from the ball fails to respect the required distance by adv
snow_tiger [21]
<span>The referee should warn the player and tell him to not lung at the ball. This should prevent the player from doing it again because it will hurt his team. The kick should be done again. If the player does lung at the ball again, he should be given a yellow card.</span>
6 0
3 years ago
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