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The Statement "People Are Poor Because They Have Little Money

question 23

Multiple Choice

The statement "People are poor because they have little money" is an example of what error in explanation?


Definitions:

Participants

Individuals who take part in an activity or event.

Network Effect

The phenomenon whereby a product or service gains additional value as more people use it, enhancing its utility and attraction.

Collective Intelligence

The shared or group intelligence that emerges from the collaboration, collective efforts, and competition of many individuals and appears in consensus decision making.

Algorithmic Tracking

The use of algorithms to monitor, analyze, and respond to data patterns, often for purposes like tracking user behavior or optimizing digital experiences.

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