The Largest Component of Income Is Proprietors' Income

question 241

True/False

The largest component of income is proprietors' income.

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Definitions:

Internalization

The process of incorporating the beliefs, attitudes, or values of others into one's own belief system.

Moral Standards

Rules or principles governing what is considered right or wrong behavior.

Superego

In Sigmund Freud’s theory, the internalization of the moral standards of society inculcated by the child’s parents.

Reality Principles

The ability of the mind to assess the external world and act upon it rather than based on internal desires.