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Why do people in markets acting in their own self-interest tend to be efficient, whereas people in government acting in their own self-interest are not?
Perception Of National Character
Asking people to describe the typical member of a culture.
Individualistic Cultures
Cultures that value the independence, autonomy, and self-expression of individuals over the collective group.
Personality
An individual's characteristic pattern of thinking, feeling, and behaving, differing across people and consistent over time.
Collectivistic Society
A society that prioritizes the group over the individual, emphasizing community, cooperation, and shared values.
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