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.
Answer:
Louisiana’s economy began to diversify significantly in the late 1800s with the emergence of a large timber industry, which continued as a major part of the state’s economy into the 21st century. Extensive lumbering attracted large corporations to Louisiana for three decades following 1890, and the discovery of oil and gas reserves helped to increase industrial development.
Explanation:
Edge 2021
therefore a,b,d
A. Africa
It was mainly Africa but Asia was also dominated.
