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nirvana33 [79]
1 year ago
15

Please select the word from the list that best fits the definition

Social Studies
1 answer:
Airida [17]1 year ago
3 0

The philosophy A specific kind of capitalism is socialism.

<h3>What do capitalism and socialism mean?</h3>

In a socialist economic and political system, the means of production are held in the public interest. The government controls consumer price and production to best meet the needs of the general public. A capitalism-based economic system is one in which the means of production are owned privately.

<h3>What do socialism and communism believe in?</h3>

In socialism, all citizens equally share in the economic resources distributed by a democratically elected government, whereas in communism, the state (rather than private citizens) owns and controls the majority of property and economic resources. This is the main distinction between socialism and communism.

To know more about socialism visit :

brainly.com/question/28218484

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Credible commitment problems are characterized by a temporal dimension (someone makes a promise today that she does not have an
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Answer: these mechanisms might be a) enforceable contracts , b) repeated interactions c) institutions that alter the distribution of power.

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Enforceable contracts means contracts that are achievable by the parties because they have tied to certain padlocks.

Repeated interactions means they are predictable.

Too much power corrupt institutions. If there is redistribution of power there will be better outputs for all the members of society.

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3 years ago
"Erik Erikson believed that people who experience isolation and stagnation in earlier adulthood are more likely to experience __
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despair

Explanation:

Erik Erickson explained that there are eight stages of psychological development which are stretched in the lifetime of a human being. The last stage which started around the age of 65 was called integrity vs despair. At this stage, we look and analyze the accomplishments of our lives. If we see our lives as unproductive or dissatisfied, it will lead to despair. Therefore, isolation or stagnation in earlier adulthood will lead to dissatisfied memories in later adulthood.

3 0
3 years ago
Sam always buys one specific brand of cell phones because she believes that brand is the most reliable. Sam is using ________ to
Mnenie [13.5K]

Sam is using the Heuristic Approach. Sam always buys one specific brand of cell phone because she believes that brand is the most reliable. Sam is using Heuristic approach to decide what cell phone to buy, which may help her save time picking out her next cell phone.

Explanation:

When a person learns something for himself, it is called as heuristic. The heuristic approach is a technique that can be used by someone to solve the problem. This is actually a learning or discovery method. In this approach, the person employs a practical approach, but this approach is not always guaranteed to be perfect, but this approach can surly be used to achieve immediate goals.

Most common examples of heuristic approach can be

  • A rule of Thumb
  • Trial and Error
  • An educated and sophisticated guess
  • Intuitive Judgement
  • Common Sense, etc.

So when Sam buys only one specific brand, it means her experience has been proved to be successful for her and now she is using the heuristic approach in her buying process.

Learn More about Problem solving strategies:

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