The Idea of Commitments "Growing Legs" Means

question 393

Multiple Choice

The idea of commitments "growing legs" means

• A) once we realize what we've committed ourselves to, we want to run away
• B) if we aren't willing to commit to others, our relationships won't develop or survive
• C) people think of lots of additional reasons for doing something before they do it
• D) people tend to remain committed to a decision, even if circumstances change

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Definitions:

Adam Smith

An 18th-century Scottish economist and philosopher, known as the "Father of Economics," who wrote "The Wealth of Nations" and is credited with founding modern economic theory.

Economic Role

The function or position an entity or individual plays within an economic system, influencing how resources are distributed and utilized.

Free Enterprise Economies

Systems where businesses operate with minimal government intervention, guided by the forces of supply and demand.

Economic Role

The function or position an entity (like an individual, company, or government) plays within an economy, influencing its structure and development.