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    Diversification of Your Operation, Why

    Lynn Kime and, Jeffrey Hyde (2016)
    Summary

    If you are only engaged in one enterprise (growing corn for example) and have a crop failure, it will be more devastating than if you grew more crops. By diversifying, you are spreading the downside risk over more than one enterprise.

  • Details

    Organization
    Penn State Extension
    Publisher
    Penn State University
    Published
    2016
    Material Type
    Written Material