Examlex
In the early 2000s, borrowers no longer needed to provide proof of employment or income. These were popularly called "no doc" or "liar loans" because banks weren't bothering to verify the "truth" of what borrowers were claiming on their mortgage applications. This was one of the factors that laid the groundwork for the disaster in the United States.
Deliberate System
This pertains to a cognitive processing system that is conscious, analytical, and controlled, requiring effort and attention.
Automatic System
A type of cognitive processing that is fast, unconscious, and requires little effort, often contrasted with controlled processing.
Meaning Of Life
A philosophical inquiry concerning the significance, purpose, and ultimate value of human existence.
Inner Processes
Refers to the cognitive and psychological mechanisms that occur internally within an individual, influencing thought, emotion, and behavior.
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