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Behavioral Psychology

Definition of Behavioral Psychology

States that all mental and physical activity can be explained in terms of response by glands and muscles to external factors (stimuli), and that mind (and thus consciousness) does not exist as far as scientific investigation is concerned. It maintains that (1) behavior is both conditioned and determined by its own outcomes or consequences (rewards and punishments), (2) human behavior can be understood by investigating animal behavior, (3) only the observable and measurable aspects of a behavior are worth investigating, (4) repetition alone brings mastery which is the same as understanding, (5) knowledge is something given by an instructor and taken (acquired) by a learner, and (6) an instructor should focus on changing the learner's behavior and not his or her thinking patterns. Relying on the work of the Russian Nobel laureate physiologist Ivan Petrovich Pavlov (1849-1936) with dogs, it was developed by the US psychologist John Broadus Watson (1878-1958), and established as the then mainstream psychology by the US researcher Burrhus Frederic Skinner (1904-1990). It held sway during 1920s to 1960s but was largely abandoned afterwards in favor of the radically different discipline of 'cognitive psychology.' However, its basic tenet that what people do is the only dependable indicator of their behavior still holds as true as ever.

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Financial Dictionary

What is Financial Dictionary?

Financial Dictionary is a dictionary or database that contains the meaning of all financial terms. Financial Dictionary has been created to help anyone, interested in understanding financial terms. It is extremely important to know what the financial terms mean when signing on terms and conditions. When availing financial products, you can be easily cheated if you don’t know what you have signed up for. To avoid this, you must be aware on what the terms really mean.

 

Who is this Financial Dictionary for?

We have developed this Financial Dictionary that could be used by anyone for free on our website. We have provided the meanings of almost all the financial terms along with the context in which they can be used. If you have lingering doubts on any financial term, then all you must do is log on to our website and check out the Financial Dictionary.

 

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If you wish to invest in the stock market, then it is extremely important to understand each and every term associated with it. A small misunderstanding can lead to huge losses in a matter of few seconds. It is only wise to know the meaning of all the terms before investing. The most comprehensive Financial dictionary covering all the financial terms. Brought to you by India's largest Free Financial Education company - IndianMoney.com.

 

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If you are planning to avail a Home Loan, then it is crucial for you to understand under what conditions your bank is sanctioning the loan. You must understand each and every term written on the loan agreement or else you will end up choosing a lender who charges high interest or with tough terms and conditions. To avoid this, just log on to our website and understand the meaning of financial terms with the Financial Dictionary.

 

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If you want to invest in a financial product, you must understand various financial terms. Not doing this could mean losses. Many financial intermediaries misguide you to make quick profits. You can avoid this by understanding financial terms and make smart investment decisions.

 

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