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Developments in Technology and Other Innovations Can Create New Industries

question 169

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Developments in technology and other innovations can create new industries and alter the boundaries of existing industries.


Definitions:

Bystander Effect

The phenomenon whereby individuals are less likely to offer help to a victim when other people are present, often due to a diffusion of responsibility.

Social Psychologists

Researchers who study how individuals think about, influence, and relate to one another within the context of society.

Reciprocity Norm

The reciprocity norm is a social norm that expects individuals to return favors and positive gestures, fostering cooperation and social bonds within communities.

Diffusion Of Responsibility

A sociopsychological phenomenon where individuals in a group are less likely to take action or feel a sense of responsibility in the presence of others.

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