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marta [7]
3 years ago
8

What are economic institution

Social Studies
2 answers:
Klio2033 [76]3 years ago
8 0
I'm not sure but, If I had to guess it would be d
mihalych1998 [28]3 years ago
4 0

Answer:

The right anser is the letter D

Explanation:

Economic institutions are groups whose purpose is to produce and distribute goods, to encourage labor, the consumption of goods and services. These institutions also regulate the economic lives of social agents, for example banks and credit houses. These institutions are made up of a group of shareholders, managers, employees and service providers. In short, economic institutions are a type of institution that helps to establish and maintain participation in the economic fluid.

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The correct answer would be option A, Confirmation Bias.

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Explanation:

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When a person has a direct influence of his own desires on beliefs and concepts, confirmation bias is most likely to occur. It means that when people desire to have a certain idea or concept to be true, they end up believing it to be true.

Just given in the question, Fantasia believes that people with blue eyes are more creative than other people having any other eye color, and when she meets a person with blue eyes who is really creative, her belief gets stronger and she puts more importance to her evidence supporting her already existing belief. At the same time, she ignores any evidence that people without blue eyes might display exceptional creativity. This is the Confirmation Bias.

Learn more about Confirmation Bias at:

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