Examlex
Jigger is planning to buy a house. He has two options. A 2400 sq. ft. bungalow in Whitby costs $389 000. A similar size house costs $369 000 in Oshawa. Jigger plans to base his decision on the cost of property tax paid. Whitby charges the property tax at the mill rate of 13.59815, whereas Oshawa charges the property tax at the mill rate of 16.18347. Where will Jigger end up paying less tax and likely buy the home?
Commons Dilemma
A situation in which individuals' short-term selfish interests are at odds with long-term group benefits and the common good.
Accountability
The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.
Self-Awareness
Recognition of one's personal attributes, feelings, drives, and goals.
Norms
Socially accepted rules or standards that guide behavior in various situations.
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