Developed and Developing Countries Have Very Different Normative Goals

question 72

Essay

Developed and developing countries have very different normative goals.What are these goals?

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Definitions:

Heuristics

Shortcuts or “rules of thumb” that allow us to make judgments and decisions quickly and efficiently.

Rules Of Thumb

Simple, practical guidelines or principles derived from experience and used to make decisions or solve problems quickly.

Randomness Error

The tendency for people to believe they can predict the outcome of chance events based on false information or superstition.

Projection Bias

The inclination to believe other people think, feel, and act the same way we do.