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Identify and discuss the key participants in the budget making process.Of the two major branches involved, which do you believe has the advantage over the other? Why?
Spotlight Effect
Overestimating others' noticing and evaluating our appearance, performance, and blunders (as if we presume a spotlight shines on us).
External Locus
An external locus of control refers to the belief that outside forces, beyond an individual's control, significantly influence life events and outcomes.
Secure Self-Esteem
A form of self-esteem characterized by a stable, positive self-image and confidence that is not overly reliant on external validation.
Positive Psychology
A branch of psychology focused on the study and enhancement of positive human functions, such as happiness and well-being.
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