Examlex
When a good has relatively few substitutes:
External Locus of Control
The belief that outcomes in one’s life are largely influenced by external forces or luck rather than one’s own efforts.
Immediate Gratification
Describes the desire to experience pleasure or fulfillment without delay or deferment.
Self-Control
The skill to maintain control over one's emotions, thoughts, and actions amid temptations and impulsive reactions.
Learned Helplessness
The experience of feeling helpless, which is often a consequence of either going through a traumatic occurrence or consistently failing to succeed.
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