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In Economics, Choices Must Be Made Because We Live in a World

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In economics, choices must be made because we live in a world of


Definitions:

Social Species

Species that rely on social connections and groups for survival, exhibiting complex behaviors related to living in communities.

Baumeister and Leary

Refer to psychologists Roy Baumeister and Mark Leary, known for their work on the need to belong theory, which posits that humans have a fundamental drive to form and maintain interpersonal relationships.

Creative

Relating to or involving the imagination or original ideas, especially in the production of an artistic work.

Self-Stereotyping

The process by which individuals adopt and apply stereotypes about their own groups to themselves.

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