Chloe is eating lunch with friends and is engaged in a conversation about a math test they took yesterday. Although she is not p
aying attention to other discussions around her, Chloe hears her name spoken by a group of students behind her. Chloe's ability to process her name without paying attention to the conversation is known as ___________
The cocktail party effect is observed in the brain's ability to drive out all other noise, and focus one's auditory attention on a particular stimulus
This is sort of selective attention in the brain. It is analogous to when one is in a party and is able to focus on a single conversation amid the noise from the music and people. The brain decides which stimuli is most important to it and then reacts to it.
anthropocentrism, philosophical viewpoint arguing that human beings are the central or most significant entities in the world. This is a basic belief embedded in many Western religions and philosophies.
In 2007-2008, which was an era of financial unrest, effected the whole world. It was a time of financial depression
During this time, the financial industries undergone a declining number of firms but resulted in the increase of size of firms. The consolidation in the financial industry didn't halted but it progressed into fewer and larger number and larger firm sizes.
Because it became very difficult for smaller companies to keep their business moving so these companies were sold and it resulted in fewer numbers.
