<em>In psychology, </em><em>selective encoding is defined as a phenomenon through which a child gets insight about different problems and distinguishes it on the basis of a problem which is being considered as important and problem which is considered as irrelevant. In other words, a child will look for a problem which he or she finds to be important while working on something whereas ignores other things.</em>
<em>In reference to the given question, children must encode selectively.</em>
The win at all costs attitude helped Rockefeller to become the richest man of his time. He considered himself as the fittest and was able to acquire stock in various companies. The problem with this attitude is that it may lead to negative externalities in society such as loss of good jobs
