What Underlying Processes Help to Explain the Occurrence of Group

question 118

Multiple Choice

What underlying processes help to explain the occurrence of group polarization?

• A)Informational influence and normative influence
• B)Minority influence and social facilitation
• C)Psychological reactance and deindividuation
• D)Social comparison and self-censorship

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Definitions:

Adverse Selection

A situation in which asymmetric information leads one party in a transaction to make unfavorable selections, often seen in insurance markets where individuals with higher risks are more likely to purchase insurance.

Insurance Product

A financial product sold by insurance companies to provide coverage against specific risks in exchange for premium payments.

Supply Curve

A visual chart depicting how the price of a product or service correlates with the amount available for supply over a specific time frame.

Antipollution Policies

Regulations and strategies implemented by governments or organizations to reduce or prevent pollution and protect the environment.