Examlex

Solved

In Our First Chapter,What Is Psychology,one of the Critical Thinking

question 171

Essay

In our first chapter,What Is Psychology,one of the critical thinking guidelines that we learned about was "Consider Other Interpretations." Before settling on one interpretation of the evidence,critical thinkers generate as many interpretations as possible.For example,an athlete wears a new pair of socks and then surpasses her own record for the number of baskets made during a game.Her socks become "lucky" and she makes sure to wear them for each basketball game.What type of reinforcement (from Chapter Seven,Learning and Conditioning)explains the fact that she clings to her socks as a lucky charm? What other interpretations should she consider?


Definitions:

Economists

Experts focused on analyzing how goods and services are produced, distributed, and consumed.

Opportunity Cost

The loss of potential gain from other alternatives when one particular option is chosen.

Tax Cut

A reduction in the amount of taxes that individuals or corporations owe to the government.

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, with little government intervention.

Related Questions