_____ arises when people behave recklessly because they know they will be saved if things go wrong.

Question

Quizplus · Accepted Answer

This scenario describes the concept of moral hazard, where individuals or entities take greater risks because they know they will not bear the full consequences of their actions. In this case, people may act recklessly because they have an assurance that they will be saved if things go wrong, leading to potentially harmful outcomes.

_____ Arises When People Behave Recklessly Because They Know They