Category | Assignment | Subject | Psychology |
---|---|---|---|
University | Singapore University of Social Science | Module Title | PSY205 Social Psychology |
Type of assessment | Essay |
Word Count | 2000 words |
Both the Biden and Trump administrations oversaw periods of robust growth. Since Biden’s inauguration, GDP has increased by 8.4 percent when adjusted for inflation. Under Trump, GDP grew 6.8 percent – but that includes the plunge in economic activity that occurred during the first year of the pandemic. Excluding 2020, Biden comes out slightly ahead, with an annualised growth rate of about 2.9 percent, compared with just under 2.7 percent for Trump.
Under Biden, the economy has added about 15.7 million jobs. By contrast, Trump left office with some three million fewer jobs – although that figure was skewed by the pandemic. However, even before the pandemic, job creation grew at a slower pace during Trump’s administration than it has under Biden.
Extracted from Power (2024).
According to Picchi (2024), “65% of Americans remember the economy under former President Donald Trump as being good, compared with 38% giving the current economy under President Joe Biden the same positive assessment.”
Considering the extract by Power (2024), examine how basic principles underlying how we form social beliefs and judgments account for the reported discrepancy between facts and perception. Describe at least four psychological concepts in your response, alongside providing relevant empirical support.
Develop a better understanding of human fallibility in judging, perceiving, and explaining our social worlds as you analyse the extent your arguments in Part A apply to the Singapore context.
To this end, you shall apply at least three of the four principles you cited in Part A to at least one local example to discuss the applicability of these concepts to local culture.
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