Examlex
What are the important distinctions between individualistic and collectivistic cultures? How useful do you find these concepts and why?
Potential Losses
Possible negative outcomes or detriments that could occur as a result of specific actions, decisions, or events.
Choices
The act of selecting between two or more possibilities, reflecting personal preference, values, or circumstances.
Availability Heuristic
The tendency to judge the probability of a type of event by how easy it is to think of examples or instances.
Probability
A measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
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