Social Skills

question 9

Multiple Choice

Social Skills

• A)foster interdependent relationships.
• B)make it difficult to be away from other people.
• C)are the same in all cultures.
• D)are independent of other areas of development.

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Definitions:

Economic Speculation

The practice of engaging in risky financial transactions in an attempt to profit from short or medium-term fluctuations in the market value of a tradable financial instrument.

Alan Greenspan

Former Chairman of the Federal Reserve of the United States, who served from 1987 to 2006 and played a key role in American monetary policy during that period.

Federal Reserve Bank

The Federal Reserve Bank is the central banking system of the United States, which oversees the nation's monetary policy and regulates its financial institutions.

Free Markets

Economic systems in which prices for goods and services are determined by the open market and consumers, with minimal government intervention.