Answer:overestimate
Explanation:
The overconfidence effect occurs when our subjective confidence in our capability is beyond our objective performance. This means we overestimate our ability to do something in a way that we don't even consider other aspects that may bring setbacks in our performance.
This can also be seen in planning fallacy , when a person overstimate the time it will take them to complete a particular task.
Remember that time when you were told about the class test that would take place in 2 weeks but instead of studying early you decided to study two days before a class test because you believed you can do all the work in that short time.
This is the Overconfidence in your own ability.
Answer:broken windows thesis
Explanation:broken windows thesis is a thesis which suggests that there is a link between disorderly behavior and the potential major crimes mostly in urban areas in America. According to this thesis there should be regulations or policies that clearly show the connection between maintaining order and preventing crime.Based on this thesis maintaining order can help alleviate criminal behaviour which comes after disorderly activities.
A broken window is used as a reference or example of how disorder result to crime if no maintainance is done , for example if a window get broken in a factory and no one cares to fix it , more windows get broken by young people throwing rocks at the windows,people who pass by begin to notice the weakness in that neighborhood and soon one will start to see drug-dealing and other criminal activities such as murder occuring in that same neighborhood. This started with just a minor disorder(a broken window) but it opened up a window to bigger crimes. According to this thesis attending to disorder as soon as possible is likely to prevent crime.
Answer:
Not at all you can still keep on asking
<span>Economic planning is a resource allocation mechanism that is contrasted with the market mechanism. As a coordinating mechanism for socialist economics, economic planning substitutes factor markets and is defined as a direct allocation of resources. This is contrasted with the indirect allocation mechanism of a market economy. There are various types that economic planning procedures and forms planning can take.</span>
