1. Free Enterprise-what to produce‚ how to produce it‚ what to sell it at 2. Profit-what remains after all of the expenses have been deducted from sales revenue. 3. Macroeconomics-national and global economy (think macro=big=global) 4. Microeconomics-decisions made by individuals and businesses (micro=small=individual) 5. GDP-(gross domestic product)-total value of all goods and services produced by people within the boundaries of a country during a one year period. 6. CPI(consumer price inex)-measures
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There are two theories regarding to the formulation of optimism. The first one being learned optimism which was conceptualized by Martin Seligman‚ and the second is the perspective of optimism by Michael Scheier and Charles Carver. Under the learned optimism theory‚ the optimist responds to the inquiry‚ “Why did that bad thing happened to me?” In scientific terms‚ the optimist makes outer‚ variable‚ and particular attributions for fiasco-like events as opposed to internal‚ steady‚ and global attributions
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Critical thinking provides framework for successfully evaluating information to make effective decisions; critical thinking entails identifying the best investigation methods to use in finding optimal solutions (Feldman‚ 2009‚ pg. 9). In addition‚ critical thinking takes form in various thinking styles which range from deductive to creative. This paper examines three critical-thinking styles- emotional‚ logical and scientific. Comparing and contrasting these three styles is the purpose for writing
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LEARNING TEAM CHARTER – TEAM “B” Course Title Business Information Systems BIS/219 Team Members/Contact Information Name Phone Time zone and Availability During the Week Email xxx-xxx-xxxx (e.g.‚ AZ “Mtn Time”‚ Mon-Sat 9-11pm) Team Ground Rules and Guidelines Members should be on time with assignments and responsibilities agreed to. If they are not going to be on time‚ post a message ASAP stating late or absent. They
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According to Gaberson‚ Oremmann‚ & Shellenbarger (2015)‚ critical thinking defines the mental process of active and skillful perception‚ analysis‚ synthesis and evaluation of collected information through observation‚ experience‚ and communication that leads to a decision for action. Bradshaw & Lowenstein (2015)‚ posits critical thinking is influenced by a persons’ cultural upbringing and the way in which they learn and perceive information in the academic arena. Furthermore‚ it is these cultural
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1. Why do college and universities have such strict policies regarding academic honesty? 2. Why is procrastination a problem in managing time and according to the book‚ what are some ways to avoid procrastination? 3. What is the difference between memorization and deep learning? What effect do they have on learning? 4. Discuss in your own words the results of the Marshmallow Study. Do you think they are accurate? Why? Why not? How does self-control relate to learning? What are some methods you
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THE UNIVERSITY OF HONG KONG HKU SPACE Community College Associate Degree Programmes 2011-12 Course Document Course Title: Elements of Logic and Critical Thinking Course Code: C H C P 8 8 8 3 1 2 3 2 5 0 0 0 0 0 Aims and Objective 1. 2. 3. To introduce you to different formal logical systems. These logical systems can shed light on the structure of ordinary languages and can help distinguishing good reasoning from bad ones. Methods of evaluating reasoning within these systems will also be introduced
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Critical Thinking and Decision Making Critical thinking means correct thinking in the pursuit of relevant and reliable knowledge about the world. A person who thinks critically can ask appropriate questions‚ gather relevant information‚ efficiently and creatively sort through this information‚ reason logically from this information‚ and come to reliable and trustworthy conclusions about the world that enable one to live and act successfully in it. Critical thinking enables an individual to be
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this by learning to understand our own thinking and the thinking of others using the tools of critical thinking. Critical thinking is the ability to analyze your own thoughts and present evidence for your opinions and ideas‚ rather than simply accepting your personal beliefs or the beliefs of others as sufficient proof. Critical thinking focuses on making good arguments which mean fallacies are the core opposite of critical thinking because they are considered bad
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LEARNING TEAM CHARTER – TEAM “C” Course Title Team Members/Contact Information Name Phone Time zone and Availability During the Week Email Team Ground Rules and Guidelines What are the general expectations for all members of the team? Sarah Dowling- It is our goal as a team to work collaboratively to ensure all members’ thoughts‚ ideas‚ and input are shared‚ discussed
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