fallacy of composition

  

Definition

The false assumption that something which is true for one segment of the economy is true for the economy as a whole. For instance, if one state has an inflated unemployment rate then the whole United States has the same problem.

Related Videos




http://www.businessdictionary.com/definition/fallacy-of-composition.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(102 Votes)
69% Bullish
(75 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z