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When GDP growth declines, investment spending typically and consumption spending typically .
Collectivist Cultures
Societies that prioritize the needs and goals of the group over individual desires or achievements.
Individualistic Cultures
Societies that emphasize personal achievements, independence, and self-reliance over collective goals.
Meta-Cognition
The awareness and understanding of one’s own thought processes, or thinking about thinking.
Magical Thinking
A belief in the interconnectedness of unrelated phenomena, where an individual attributes cause and effect relationships to actions and events without scientific justification.
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