Answer:
b. Conduct regular elections to select representative officials
The correct answer is Prospect theory effect
Prospect Theory (also called Perspective Theory) is a concept of cognitive psychology that is related to decision making in economic and financial contexts.
According to this theory, people, in general, tend to make choices based on potential losses rather than gains. In other words, the basis of the Prospectus Theory is the tendency that we all have to harbor a certain risk aversion.
Several reasons actually. The most important one was its location. Thanks to it it enabeled the trade with African, European and Asian countries. Another thing is that it also was a good place to start a war on other countries.
Answer:
Provided tremendous stimulus to American manufacturing. It encouraged American manufacturers to produce goods previously imported from overseas. By 1816, 100,000 factory workers, two-thirds of them women and children, produced more than $40 million worth of manufactured goods a year.
Explanation:
Answer:
As consumer phycology is the study of how or why people buy things or goods, it is a useful tool to seek what are the patterns that potential customers are likely to follow aiming to sell the bank services such as bank runs.
Explanation:
By using the influence of marketing, and external stimuli to convince possible clients to purchase, based on studies and their findings, which can help banks marketing executives to figure out how to sell the product or what is the most likely population to work on based on their preferences in order to offer different options to the costumers that can adapt to their needs.
