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Sometime It Is Necessary to Assign Probabilities Based on a Person's

question 56

True/False

Sometime it is necessary to assign probabilities based on a person's belief that an outcome will occur.


Definitions:

Political Isolation

A state where an individual, group, or country is set apart or detached from larger political activities, organizations, or alliances.

Decentralization

The distribution of administrative powers or functions from a central authority to local units or organizations.

Marxist And Fordist

Concepts referring to the Marxist critique of capitalist industrial production and the Fordist model of mass production and labor standardization, respectively.

Social And Political

Relating to society and its organization or the theory and practice of politics and government.

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