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What Term Is Used to Define Money That Is Sent

question 4

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What term is used to define money that is sent back to Latin America and the Caribbean from people working temporarily or permanently in other countries?


Definitions:

Stanford Prison Study

A psychological experiment conducted in 1971 by Philip Zimbardo at Stanford University, illustrating the effects of perceived power and authority on behavior.

Methodology

A system of methods used in a particular area of study or activity.

Participants

Individuals who take part in a study or experiment, providing data or undergoing certain conditions for research purposes.

Self-Serving Bias

The common human tendency to attribute positive events to one's own character but attribute negative events to external factors.

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