What is the principle of diversification and how did it help promote the success of businesses in the 1950s?

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Explanation:

Diversification refers to a risk management strategy whereby different investments are mixed within a portfolio. This is done in order to lower risk and also yield higher long term returns.

During the 1950s, investors chose securities that had minimal relationship with one another so as to reduce their overall risk Some other reasons for diversification in thus era was to maximize shareholder's value and also due to growth.

president thomas jefferson commissioned the expedition shortly after the louisiana purchase in 1803 to explore and to map the newly acquired territory, to find a practical route across the western half of the continent, and to establish an american presence in this territory before britain and other european powers

what are local authorities doing to fix the problem

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