How does policy premium vary with SDIP step?
Answer:
Ecological fallacy, also called ecological inference fallacy, in epidemiology, failure in reasoning that arises when an inference is made about an individual based on aggregate data for a group. In ecological studies (observational studies of relationships between risk-modifying factors and health or other outcomes in populations), the aggregation of data results in the loss or concealment of certain details of information.
Explanation:
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Other industries became more successful and provided needed jobs.
Most successful business owners refused to assist those in need.
Americans realized that business was not immune to failure and could collapse.
Average Americans became the victims of unethical business owners.
Answer:
Americans realized that business was not immune to failure and could collapse.
Explanation:
With the stock market crash, Americans realized that business was not immune to problems, that they could not provide infinite stability to American citizens, as they were susceptible to unfortunate adversities that could cause a major imbalance at any time. They will understand that it was necessary to invest in diversified things and not to put all faith in a single economic branch, because the economy is something very unstable and delicate.