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Discuss the economic inequality between the rich and the poor in the society.
Social Loafing
The phenomenon where individuals exert less effort when working in a group than when working alone, due to reduced accountability or motivation.
Risky Decision
involves making choices under conditions of uncertainty, where the outcomes may include potential losses or gains.
Reference Group
Groups of people that individuals compare themselves to for the purpose of evaluating their behaviors, attitudes, and norms.
Mere Exposure
A psychological phenomenon whereby people tend to develop a preference for things merely because they are familiar with them.
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