Walter Mischel sparked controversy with trait theorists and others by stating he had found evidence in direct opposition to the idea that traits are enduring behavioral patterns that occur regardless of most circumstances. Mischel believed that situations determine behaviors, not personality traits. Trait theorists argue that a person’s behaviors are guided by personality traits.
Both focus on inequalities and conflict as central features of modern societies. Hope this helps!
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Most important, as firms invest in physical capital, the entire country benefits. The greater productivity resulting from investment in physical capital results in economic growth and the potential for a higher standard of living. For this reason, some investments in physical capital are made using public funds.
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