Answer:
La actividad económica es el proceso por el cual el stock de recursos o stock de capital produce un flujo de producción de bienes y servicios que la gente utiliza en satisfacción parcial de sus deseos ilimitados.
The tendency to overestimate the accuracy of our knowledge and judgments is called <u>Overconfidence</u>.
The overconfidence effect is a well-established bias in which subjective confidence in one's judgment is consistently greater than objective accuracy, especially when confidence is relatively high. Overconfidence is an example of subjective probability misadjustment.
Throughout the research literature, overconfidence is defined in three different ways by him. About the placement of one's performance in relation to others. Excessive accuracy in expressing undue confidence in the accuracy of one's beliefs.
The most common way to study overconfidence is to ask how confident you are about a particular belief or answer you hold. The data show that confidence systematically outweighs accuracy.
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"<span>When housing prices fall, consumers are more likely to </span>default<span> on their home loans, causing banks to lose money. Also, home equity dries up, meaning that consumers have fewer funds available for spending, saving, investing or paying down their debts. Sometimes, banks are even forced to shut down."</span><span>
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AnswerThe rise of Islam is intrinsically linked with the Prophet Muhammad, believed by Muslims to be the last in a long line of prophets that includes Moses and Jesus. Because Muhammad was the chosen recipient and messenger of the word of God through the divine revelations, Muslims from all walks of life strive to follow his example. After the holy Qur'an, the sayings of the Prophet (hadith) and descriptions of his way of life (sunna) are the most important Muslim texts
European nations like England, and Netherlands came to the Americas to increase their wealth and expand their influence over world affairs. they had the ability to build the ocean-worthy ships but did not have as strong of colonial in foreign lands like Portugal and Spain. They also impacted the religious and political, technological innovations in navigation fro the exploration.