The tendency to hold onto losing stocks in the hope that they will recoup is called loss aversion.
Loss aversion is a cognitive bias that explains why the pain of loss has twice as much psychological impact as the joy of winning. Losing money or another valuable item can feel worse than gaining the same. This principle is prominent in the field of economics. What distinguishes loss aversion from risk aversion is that the utility of monetary rewards depends on what has been previously experienced or expected.
In the realm of behavioral choice, 'loss aversion' is a behavioral phenomenon in which individuals exhibit greater sensitivity to potential losses than gains. Conversely, “risk-averse” people have an increased sensitivity/aversion to options with uncertain outcomes.
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I believe it’s patriots— because patriots are very obsessed with their country, and expressive. They probably wanted what’s best and wanted to draft a better constitution
Answer:
A temporary alliance for combined action, especially of political parties forming a government.
Answer:
Dear user,
Answer to your query is provided below
For the French, colonies were necessary because:
a. To establish control over natural resources and to ensure supply of raw materials and goods.
b. The French policy-makers wanted to educate the people of Vietnam, because they considered education as one way to civilize the “natives". They were driven by the idea of a ‘Civilizing Mission’, and considered it their duty to bring modern ideas to the colony and to reshape its culture and also to have an educated labour force.
c. The objective was also to develop these colonies so as to improve standard of living of the people and improving their purchasing power who would then buy goods leading to profits for French businessmen.
Explanation:
French troops landed in Vietnam in 1858 and by the mid-1880s they had established a firm grip over the northern region. After the Franco-Chinese war the French assumed control of Tonkin and Anaam and, in 1887, French Indo-China was formed.
The colonisation of Vietnam by the French brought the people of the country into conflict with the colonisers in all areas of life.
