When a Parent Tells You Not to Study Economics Because

question 1

Multiple Choice

When a parent tells you not to study economics because it is a pointless discipline,why is he or she INCORRECT?

• A) The government continues to play a role in our daily lives.
• B) People have the freedom to do whatever they want, and economists have nothing to add to their decision-making process.
• C) There are not enough resources to produce all the goods and services that are wanted and needed.
• D) Economics has nothing to offer in terms of understanding the stock market.
• E) Economics has nothing to offer in terms of understanding government programs like Social Security.

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Definitions:

Societal Learning

Learning that occurs at a community or societal level, involving shared knowledge, practices, and values that are passed among members.

Task Interdependence

The degree to which tasks within a team or organization rely on each other to be successfully completed.

Group Structure

The system of roles, norms, and relationships within a group that determines how it functions and interacts.

Trainee Characteristics

The attributes, background, experiences, and attitudes that learners bring to the training environment.