Path Dependency Is the Process __________

question 86

Multiple Choice

Path dependency is the process __________.

• A)by which individuals distinguish between logical outcomes and illogical outcomes
• B)by which children are socialized to their parent's behavioral expectations
• C)by which economies decline in theoretically expected ways
• D)by which historical legacies and past outcomes impact actors and organizations in the present

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Definitions:

National Governments

The primary governing bodies of sovereign nations, responsible for creating and enforcing laws, policies, and administrative functions.

Foreign Labour

workers from one country who are employed in another country, often to fulfill labor shortages or take on jobs not filled by the local workforce.

Commodification

The process by which something, often non-material, becomes transformed into a good or service for economic exchange.

Rationalization

The process of replacing traditional and emotional thought with reason and efficiency, often applied in organizational and economic contexts.