China's Economy Is Fueled Primarily by

question 38

Multiple Choice

China's economy is fueled primarily by

• A) fixed asset investment, such as investing in buildings and roads.
• B) foreign portfolio investment, such as the purchase of European stocks and bonds.
• C) technological innovation, such as advances in medical care.
• D) consumer spending on domestic goods and services.

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Definitions:

Just-world Phenomenon

The cognitive bias that a person's actions are inherently inclined to bring morally fair and fitting consequences to that person, to the end of all noble actions being rewarded and all evil actions punished.

Altruism

The selfless concern for the well-being of others, often leading to actions for their benefit without personal gain.

Deindividuation

A psychological state characterized by reduced self-awareness and diminished social identity, leading to uninhibited and impulsive behavior, often in group settings.

Bystander Effect

A social psychological phenomenon where individuals are less likely to offer help to a victim when other people are present, often due to the diffusion of responsibility.