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c) In the discussion #4 on risk associated with your idea of opening a general store in the town of Gold Rush in Nevada, you
c) In the discussion #4 on risk associated with your idea of opening a general store in the town of Gold Rush in Nevada, you mentioned to your friend Arthur that 95% of the people in Gold Rush are working for the same mining company in town. Arthur said that historically miners worked for themselves as individual proespectors during the Calfifornia god rush and Alaska god rush some time ago. He thinks this difference would be important in assessing risk. If the miners in Gold Rush all work as an individual prospector, and no single ethinic group is more than 10% of the populations and no single religious group accounts for 10% of all miners. Explain why you think this difference between Gold Rush and previous cases makes your business more risky or less risky
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