What Were the Most Significant Indicators Signaling the Start of the Recession

question 18

Essay

What were the most significant indicators signaling the start of the recession in 2007?

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Definitions:

Operant Level

The baseline rate of a behavior before conditioning or reinforcement is applied.

Skinner

An American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.

Response Deprivation Theory

The idea that when a contingency restricts access to an activity, it causes that activity to become a reinforcement.

Premack's Principle

A principle stating that more probable behaviors can serve as reinforcers for less probable behaviors.