Chapter 9 | Conservatism bias

Question 1

Commitment to traditional values and ideas that opposition to change or innovation

Answer 1

Conservatism

Question 2

The holding of political views that favor free enterprise private ownership and socially traditional ideas

Answer 2

Conservatism

Question 3

Is a mental process in which individual cling to the prior fuse or forecast at the expense of acknowledging new information

Answer 3

Conservatism bias

Question 4

Relying on old information it happened because of cognitive dissonance

Answer 4

Conservatism bias

Question 5

We place too much weight on things we already know

Answer 5

Conservatism

Question 6

Willing to accept change but it’s hard because of

Answer 6

Ego

Question 7

Weighing on old information or old belief this bias is more prone to elderly

Answer 7

Conservatism

Question 8

Reason why conservatism bias occur

Answer 8

Extension of anchoring bias

it’s because of consistency principle

Question 9

It refers to the fact that people like to act in line with the things they have already said, done or decide to do.

Answer 9

Consistency principle

Question 10

refers to a cosmological and planetary theory, in which the Earth occupies the central position of the world system.

Answer 10

Geocentrism”

Question 11

1723 Bago tinanggap

Question 12

Telescope

Answer 12

Capernicus

Question 13

Geocentrism was embraced by____&_____and most greeks philosophers assume that the sun, moon, stars, and visible planets circle the earth

Answer 13

Aristotle and ptolemy

Question 14

Also known as heliocentric model

Answer 14

Heliocentrism

Question 15

astronomical model in which the Earth and planets revolve around the Sun at the center of the universe. Historically, heliocentrism was opposed to geocentrism, which placed the Earth at the center.

Answer 15

Heliocentrism

Question 16

Umabot Ng 100 years Bago tanggapin ng Catholic church
It’s about 1543

Question 17

Theory that places the sun at the center of the solar system

Answer 17

Heliocentrism

Question 18

Earth revolves around the sun

Question 19

PSMID researchers have concluded that the use of face shields may help doctors and health care workers against splashes and sprays of blood or other bodily secretions but does not give additional protection against respiratory aerosol such as those present in COVID-19 transmission.

Answer 19

Face Shield

Question 20

Implications to investors

Answer 20

When conservatism biased investors do react to information they often do so too slowly

People experience mental stress when presented complex data an easy option is to simply stick to their prior belief

Question 21

A mental conflict that occurs when your beliefs don’t line up with your actions

It is uncomfortable state of mind

Our mind go through a process of confusion

Answer 21

Cognitive dissonance