Even with Industry Interconnected,where an Improvement in One Area Led

question 29

Multiple Choice

Even with industry interconnected,where an improvement in one area led to improvements in other areas,there was one dual foundation on which the rest was built;that foundation was:

• A)steel and iron.
• B)wheat and potatoes.
• C)steam and speed.
• D)capital and land.
• E)corn and land.

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Definitions:

Primacy Effect

The tendency to remember and give more weight to information that is encountered first in a series.

Recency Effect

The phenomenon where more recently presented information is better remembered and has a stronger influence on judgment than older information.

Transference

In psychotherapy, the phenomenon where patients project feelings or attitudes from past relationships onto the therapist.

Halo Effect

A cognitive bias where the perception of one positive trait leads to the assumption of other positive traits in an individual.