The Abilene Paradox Occurs When a Group Is Very Cohesive

question 56

True/False

The Abilene paradox occurs when a group is very cohesive and members don't want to engage in conflict.

---

Definitions:

Consumption

The process by which goods and services are utilized to satisfy human wants, including the use of resources.

Income

The monetary payment received by an individual or household for their labor, investments, or from transfer payments, used to fund consumption and savings.

Interest Rate

The cost of borrowing money or the return on investment, typically expressed as an annual percentage of the principal.

Consumption

Families engaging in the use of products and services.