According to Uncertainty Reduction Theory, People Have a Basic Need

question 71

True/False

According to Uncertainty Reduction Theory, people have a basic need to reduce uncertainty in initial interactions and to increase their ability to explain and predict the behavior of others.

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Definitions:

Capital Goods

Long-term assets that are used in the production of other goods and services, such as buildings, machinery, and equipment, which are not consumed in the production process.

Borrows

refers to the act of obtaining money, goods, or services in exchange for a promise of future repayment.

Financial System

A network of institutions, markets, instruments, and mechanisms that facilitate the exchange of funds and the allocation of resources in an economy.

Certificate Of Indebtedness

A government or corporate bond that acknowledges a debt and the obligation to repay it with interest by a specified date.