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Groupthink

You may wonder what groupthink is and why I consider it worthwhile to write about it? On the webpage Investopedia.com, Will Kenton describe groupthink “as a phenomenon that occurs when

a group of individuals reaches a consensus without critical reasoning or evaluation of the consequences or alternatives.

Groupthink is based on a common desire not to upset the balance of a group of people. This desire creates a dynamic within a group whereby creativity and individuality tend to be stifled in order to avoid conflict.”

Disastrous consequences

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