In Recent Decades, the Public's Appetite for Pseudoscience Has Grown

question 230

Essay

In recent decades, the public's appetite for pseudoscience has grown. Describe two examples of this "pop psychology" and then analyze the differences between psychology and pseudoscience.

---

Definitions:

Mutually Beneficial Transactions

Exchanges or deals that provide a gain to all parties involved, often used in the context of trade or economic transactions.

Insurance

A financial product that provides protection against losses or damages, typically in exchange for premium payments.

Exposure To Risk

The state of being open to damage or loss from factors outside of one’s control, often used in the context of investments and financial markets.

Risk-Averse

The characteristic of preferring to avoid risk, typically by choosing more certain outcomes over those with potentially higher but risky returns.