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Socialization concerning not only masculinity and femininity but also marriage and parenthood begins in childhood as a part of family life. Children observe their parents as they express affection, deal with finances, quarrel, complain about in-laws, and so forth. Which sociological perspective would be most interested in studying this?
Resale
The act of selling a previously bought product, typically used, to another buyer.
Status Quo Bias
The tendency for people to prefer things to stay the same by doing nothing or sticking with a decision made previously.
Prospect Theory
A psychological theory that describes how people make decisions based on the potential value of losses and gains rather than the final outcome.
Endowment Effect
A psychological phenomenon where people ascribe more value to things merely because they own them.
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