Answer:
These are the options for the question:
a. Consumer network
b. Consumer advocacy
c. Consumer culture
d. Consumer awareness
e. Consumer base
And this is the correct answer:
c. Consumer culture
Explanation:
Consumer culture explains the way consumers spends their income on goods and services according to price, need, and preferences.
In advanced nations, consumer culture is a defining aspect of society because these economics are mostly based on private consumption.
Because in advanced nations, incomes tend to be higher, people do not always buy something because it is cheap, or because they need it to stay alive (for example, food).
In fact, in these countries, people often buy products out of pure desire, in order to gratify themselves, and satisfy a need of higher order (the need for status, the need for social acceptance, or the need for self-actualization).
Answer:
The answer is the availability heuristic.
Explanation:
The availability heuristic is a mental short-cut that takes place when a person relies on immediately available, often recent information to justifiy their ideas or take decisions. In the example, when George notices his new professor was young, he was surprised because the only available information he had about psychology teachers was completely different.
This heuristic may result in poor decision-making and even <u>stereotyping</u>.
Answer:
The large debt of Texas accounts from the <em>building of extravagant sports facilities and the obligations for the government's workers' pensions.</em>
Explanation:
Since 2015, the local debt of the government of Texas has already exceeded $338. This literally means that every person (including children) in the state owes $12,250 dollars of the country's incurred debt. This is also a result of the country's borrowing binge, which even adds more debts year after year.
There are primarily two reasons why the government of Texas has a large debt. First, they borrow money to build extravagant athletic facilities in schools. This is because the country has a consuming passion for sports such as football. Second, they also have trouble funding the pension system. Most of these systems are underfunded, thus resulting into more contributions coming from each municipalities.
<em>This growing debt needs to have a reform and transparency in order to be addressed properly.</em>
Answer:
When did rajendra laxmi pass away ?