Answer:
Hindsight bias
Explanation:
Hindsight bias: In psychology, the term hindsight bias is defined as the propensity of an individual to overestimate his or her capability of predicting or forecasting a particular event's outcome that couldn't have been forecast or predicted.
It hinders an individual to look at an event as more easily predictable than the event is. It can often lead to cause or create memory distortion in an individual.
In the question above, the given statement demonstrates hindsight bias.
Answer:
Over the next several years, consumer spending and investment dropped, causing steep declines in industrial output and employment as failing companies laid off workers.
Explanation:
The brain can process or produce words at a rate of 400-800 words. It is doubled or tripled what capacity of most people when speaking. People can think faster than can talk, the brain is functioning faster than the mouth because it delivers and travel right away to its membrane.
Early in their relationship, the two men got along fairly well. Although their personality differences were profound, the two men were cordial in their interactions with one another, and on occasion, even dined together.
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