Why Is "Quality of Life" an Element of Intangible Costs

question 34

Essay

Why is "quality of life" an element of intangible costs associated with location decisions? Provide an example as part of your discussion.

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Definitions:

Milgram

Refers to Stanley Milgram, an American social psychologist known for his controversial experiment on obedience to authority figures, conducted in the 1960s.

Obedience

The act of following orders or instructions from authority figures, often studied in social psychology.

Group Pressure

The influence exerted by a group on its members to conform to the group's norms and expectations.

Conformity

Adapting one's behaviors, beliefs, and attitudes to conform to the standards, policies, or expectations set by a group or the wider society.