Resources Are

question 27

Multiple Choice

Resources are:

• A) plentiful
• B) used to produce inputs
• C) scarce
• D) abundant in high-income nations

Comprehend human cognitive biases and the tendency to find patterns in random data.

Understand the concept of self-serving bias and its distinction from other cognitive biases.

Evaluate the belief in personal control and its implications on behavior and perception.

Identify the possibility of bias in expert opinions and the limitations of expertise.

---

Definitions:

Creativity

The ability to generate original ideas, approaches, or solutions to problems.

Originality

The quality of being novel or unique in concept, creation, or execution.

Inventiveness

The quality of being resourceful and innovative in creating something new or solving problems.

Vision

The ability to think about or plan the future with imagination or wisdom; often implies foresight and direction-setting in leadership contexts.