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After a Heated Discussion on Economic Development Strategies for Countries

question 82

Essay

After a heated discussion on economic development strategies for countries in the Global South,your friend retorts,"You're a neoliberalist" and then leaves.Explain what your friend meant by labelling you a neoliberalist.


Definitions:

Innovation

The creation and development of a new product or service.

Participation Error

The bias or error that can occur in research or decision-making processes when not all relevant parties are included or accurately represented.

Framing Error

The tendency to highlight certain aspects of a situation depending on whether they are positive or negative to solve a problem while ignoring other aspects.

Confirmation Bias

The tendency to seek out information that fuels our preexisting views and to discount information that conflicts with our worldview.

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