The Tendency for Groups to Make Less Extreme Decisions Than

question 92

True/False

The tendency for groups to make less extreme decisions than individuals is known as group polarization.

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Definitions:

Government

The organized system of institutions, laws, and officials that establish and administer public policies and functions within a society.

Private Buyers

Private buyers are individuals or entities that purchase goods or services for personal use or investment, rather than for resale or manufacturing purposes.

Parity Ratio

A measure comparing the value of one set of goods or services to another set, often used in agriculture and trade.

Prices Paid

The actual amounts of money exchanged for goods or services in transactions between buyers and sellers.