Examlex
The tragedy of the commons problem is a type of negative externality.
Ethical Values
Principles or standards of behavior that guide moral choices about our actions and interactions with others.
Military Unit
An organization within an armed force defined by its function, size, and hierarchical position, tasked with specific duties.
Minority Influence
The process by which a smaller part of a group changes the opinions or behavior of the larger group through persuasive argumentation and consistency.
Normative Social Influence
The impact others have on a person which causes them to adapt their behavior to gain approval and acceptance.
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Q256: Trade makes rich people richer and poor