Final answer:
The Individualism/Collective Index refers to the preference for behavior that promotes one's self-interest. Individualism values independence and self-reliance, while collectivism focuses on the group and social harmony.
Step-by-step explanation:
Individualism is the moral stance, political philosophy, ideology, or social outlook that stresses the moral worth and value of the individual. Individualists promote the exercise of one's goals and desires and value independence and self-reliance while opposing external interference. On the other hand, collectivism refers to cultures that focus on the group more than on the individual. People in collectivist cultures value social harmony, respectfulness, and group needs over individual needs. Collectivist cultures tend to be found in East Asian countries, Latin American countries, and African countries. Therefore, the statement is True. The Individualism/Collective Index does refer to the preference for behavior that promotes one's self-interest.