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marysya [2.9K]
3 years ago
8

You fall prey to the overconfidence bias when you ______ your knowledge or expertise in a decision situation.

Social Studies
1 answer:
Yuki888 [10]3 years ago
6 0

Answer:overestimate

Explanation:

The overconfidence effect occurs when our subjective confidence in our capability is beyond our objective performance. This means we overestimate our ability to do something in a way that we don't even consider other aspects that may bring setbacks in our performance.

This can also be seen in planning fallacy , when a person overstimate the time it will take them to complete a particular task.

Remember that time when you were told about the class test that would take place in 2 weeks but instead of studying early you decided to study two days before a class test because you believed you can do all the work in that short time.

This is the Overconfidence in your own ability.

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The Articles of the Confederation contained 13 articles that ruled the 13 Colonies recently liberated from the British Crown. They were the basis to the Federal Constitution that would replace it a few years later.

In summary, the articles expressed:

1. The Confederation name as The United States of America;

2. The sovereignty of each Confederation State;

3. The compromise of each State with liberty;

4. Ensure the perpetual friendship between the States;

5. The presence of one State Representative in the Congress;

6. The Central Government would have the right to a war declaration, after mutual decision;

7. States would be able to promote their army;

8. National expenditures would be shared between all States;

9. The formation of a National Congress;

10. The rules of the Congress recesses;

11. The possibility for the Canadian Province of Quebec to join the Confederation;

12. The existence of war debts before the Articles;

13. The perpetuity of the declaration.

Unfortunately, for the Confederation States, there was a lack of power, as this declaration didn’t make them strong enough to develop by themselves, needing a centralized government to reinforce the Confederation non-dissolution. An example is the Shay’s Rebellion, which exposed the state's weakness.

Therefore economic and trade matters were ruled by each state, which brought more difficulties for their development. After the Constitutional Convention, held in Philadelphia in 1787, it was decided that a Central Government would be formed, and the head of the State would be the Head of the Nation.  

The Articles of the Confederation ruled the 13 Colonies from July 1776, until Novembre 1777. The Federal Constitution was adopted on March 4, 1789.

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3 years ago
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Answer:

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