The fact that choices made today are largely a result of choices made over the years illustrates the role of historical precedents in decision making.

Question

Quizplus · Accepted Answer

Historical precedents shape the context in which decisions are made and influence the available options and perceived risks and benefits of different choices. Past decisions also establish norms and expectations that may be difficult to change, and can create path dependencies and lock-in effects that make some outcomes more likely than others. Therefore, being aware of and understanding historical precedents is an important part of effective decision making.

The Fact That Choices Made Today Are Largely a Result