After the 1973 Coup, Chile's Monetary Stability and Relatively High

question 6

True/False

After the 1973 coup, Chile's monetary stability and relatively high growth rates acted as a demonstration of the ability of state-led development.

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Definitions:

Temporizing Heuristic

A cognitive strategy involving delaying decision making until more evidence or information is available.

Successful Events

Occurrences or activities that achieve their intended goals or are considered positive by the majority of participants.

Past Failures

Previous instances of not achieving desired or intended outcomes, serving as lessons for future endeavors.

System-1 Thinking

A fast, automatic, and often emotional way of thinking, as described by psychologist Daniel Kahneman.