ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The negative consequences of any action are as tangible as its benefits, sometimes more so. Once a decision has been made and implemented, any of its negative effects will eventually become real problems. The effects of decisions-good or bad-always outlive the decision-making process that produced them.

Detailed explanation-2: -❏ a consequence is something that happens. as the result of an action. ❏ every action has consequences, so considering the. potential consequences of an action is an important part of wise decision making.

Detailed explanation-3: -For example, if I decide to have a doughnut for breakfast one day, the consequences will be fairly mild. I will likely enjoy my breakfast very much, indulging in sweet, fluffy, fried dough goodness. My fingers might get sticky, which washing them with soap and water will cure.

Detailed explanation-4: -Each choice does, of course, have consequences, with both pluses and minuses. People also choose how they use their feelings. They can choose their attitudes, actions and what they want to achieve. The things they do as a result can affect both them and other people.

Detailed explanation-5: -Making Good Decisions Is a Very Important Skill. We All Have to Make Decisions Every Day. If You Make a Bad Decision, It’ll Help You Become a Better Problem Solver in the Future. You’ll Have a Sense of Accomplishment. You’ll Gain Confidence. Better Life Balance. Better Relationships. There Are No Feelings of Regret. More items •04-Aug-2022