Match the Term with the Description Given

question 54

Multiple Choice

Match the term with the description given.
-This provides a detailed picture of the individual from birth to their current age and is often the by-product of a structured interview.

• A)Biographical inventories
• B)Cumulative records
• C)Anecdotal information
• D)Autobiographies
• E)Journals and diaries
• F)Genograms
• G)Environmental assessments
• H)Portfolio

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Definitions:

Socializing Losses

A scenario where financial losses are distributed across society, typically through government intervention, rather than being borne solely by the entity that incurred them.

Government Loan Guarantees

Programs where the government promises to repay a loan in case the borrower defaults, typically used to encourage lending to certain sectors or projects.

Privatizing Gains

Privatizing gains involves the process of shifting profits and benefits from the public sector to private entities, highlighting a move towards more privatized economic activities.

Debt Crisis

An economic crisis in which government debt has risen so high that the government is unable to borrow any more money due to people losing faith in the government’s ability to repay. Leads to either massive spending cuts or large tax increases, either of which will likely plunge the economy into a recession.