Aaron decided to invest his money in several technology start-ups. He was quite excited and told his wife about his new financial venture. She was very supportive. Eighteen months later, all but one of the companies had declared bankruptcy. Aaron's wife was furious and told him that "anyone" could have seen that these companies were going to fail. This illustrates:

Hindsight bias

Explanation:

"Hindsight" refers to. understanding an event post it's occurrence. Hindsight bias refers to a psychological term that conveys an individuals overestimated belief of understanding and predicting the outcome of a situation when it could not have been actually predicted.

Such behavior usually arises when the outcome of a situation turns out to be  negative.

In the given case, Aaron's wife initially agreed with his investment plans. Subsequently, when the outcome did not turn out as expected and majority of those companies crashed, she grew furious, claiming she already knew the outcome (losses). This situational behavior indicates Hindsight bias.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

answer; private store;