In the Adapting to Change Box, Millennials, Who Distrusted and Overlooked

question 86

True/False

In the Adapting to Change box, Millennials, who distrusted and overlooked traditional financial advisors, started using robo-advisors when investing.

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Definitions:

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, through which an association is made between a behavior and a consequence for that behavior.

Ladder

A set of steps or rungs between two vertical bars, used for climbing up or down.

Shaping

A method of behavior modification that involves gradually training an organism to perform a specific behavior by reinforcing successive approximations of the target behavior.

Reinforce

To strengthen a behavior by providing a consequence that increases the likelihood of the behavior being repeated.