In one experiment, participants primed with words related to money were less likely to help another person who asked for their help.
Money is a commodity that is generally accepted as an economic medium of exchange. It is a medium for expressing prices and values. It circulates from person to person and country to country, facilitating trade and becoming a major measure of wealth.
Money is an item or verifiable record that is generally accepted in a particular country or socio-economic situation as payment for goods and services and to repay debts such as taxes.
The four different types of money that economists classify are commercial money, fiduciary money, legal tender, and commodity money. Money whose value is derived from the commodities that make it up is known as commodity money.
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Answer:
abolish?
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Answer:
Cognitive Dissonance
Explanation:
The term Cognitive Dissonance was first introduced by Leon Festinger and it refers to what happens when a person has two or more contradictory beliefs or ideas and experiences psychological stress because of that. In other words, <u>when two ideas are opposite to each other, the person will experience stress </u>and will try to reduce this difference to reduce their discomfort. This usually happens when new evidence contradicts the person previous belief and it creates stress (cognitive dissonance).
In this example, Dante is aware that drinking alcohol is a costly habit that is bad for his health but he continues to do so anyway. He also thinks he is smart and makes good choices in life. Dan is <u>experiencing a contradiction between his thoughts (I make good choices in life) and his behavior (Drinking is bad for his health)</u> and this contradiction is making him experience psychological stress. This is known as Cognitive Dissonance
