Friedman argued that the Great Depression was caused by the Federal Reserve not preventing the sharp drop in the money supply that took place during the period 1929–1933.
In other words, the Fed turned a normal recession into a depression by failing to implement an expansionary monetary policy in the early 1930s.
Answer: The colonies resented the fact that they were being taxed, and some colonists argued that Britain did not have the right to tax the colonies, as there were no colonial representatives in Parliament.
Answer:
The team is experiencing "Groupthink"
Explanation:
Groupthink occurs when a group of individuals reaches a consensus without critical reasoning or evaluation of the consequences or alternatives.
Groupthink is based on a common desire not to upset the balance of a group of people. This desire creates a dynamic within a group whereby creativity and individuality tend to be stifled in order to avoid conflict.
Groupthink is not always problematic. In the best cases, it allows a group to make decisions, complete tasks, and finish projects quickly and efficiently. In the worst cases, it leads to poor decision-making and inefficient problem-solving.
According to james marcia, the status of adolescents who consider various identity alternatives, but never commit to one or never even consider identity options in any conscious way is called "'identity diffusion."
<h3>What is identity diffusion?</h3>
Identity diffusion is among four identity status updates defined in the 1960s by psychologist James Marcia. Identity diffusion typically occurs during adolescence, when individuals attempt to form their personalities, but it can occur later in life.
Some key features regarding the identity diffusion are-
- Identity diffusion happens when a student has not committed to and is not working to form an identity.
- Many people go through and probably grow out of an identity crisis in early adolescence or in childhood. Long-term completely get rid is possible, however.
- Marcia examined identity formation along two aspects:
- if the individual has gone through with a decision-making period, known as a crisis, and
- if the individual has committed to specific occupational options or ideological beliefs.
- Marcia's emphasis on occupation & ideology, in particular, stemmed from Erikson's proposal that one's occupation and commitment to specific values and beliefs are fundamental components of identity.
To know more about the identity diffusion, here
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