If people believe that a bank is going to fail,this can cause them to pull their money out of the bank,which,on a wide scale,leads to the bank's failure.What does this situation illustrate?
A) self-fulfilling prophecy
B) status conflict
C) role conflict
D) economic momentum

Question

Quizplus · Accepted Answer

The given situation illustrates the concept of self-fulfilling prophecy, where people's belief or perception about a particular event or situation leads to actions that ultimately make it a reality. In this case, the belief that the bank is going to fail causes people to withdraw their money, which in turn leads to the bank's failure.

If People Believe That a Bank Is Going to Fail,this