The Great Depression of the 1930s Led to a Revolution

question 88

Multiple Choice

The Great Depression of the 1930s led to a revolution in macroeconomic thinking, following the work of

• A)Arthur Laffer.
• B)Milton Friedman.
• C)Adam Smith.
• D)John Maynard Keynes.
• E)David Ricardo.

---

Definitions:

Defensive Attributions

A cognitive process in which an individual blames external forces or situations for their failures or negative outcomes, as a protective mechanism against feeling personally responsible.

Spotlight Effect

The psychological phenomenon where an individual believes they are being noticed and observed more than they actually are.

Self-Esteem

An individual's subjective evaluation of their own worth, encompassing beliefs and emotions such as pride and despair.

Girl Guide

A member of a scouting organization for girls that promotes character development, self-reliance, and responsibility.