Joshua Has Chosen to Return to His Hometown After Graduating

question 91

Multiple Choice

Joshua has chosen to return to his hometown after graduating from college and join the family business. He is a very talented musician and his friends are encouraging him to join a band. Joshua shrugs off their suggestions and says going home is the right thing to do. From Erik Erikson's perspective, Joshua most likely is experiencing

• A)an inferiority complex.
• B)identity foreclosure.
• C)a conventionality press.
• D)identity certainty.

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Definitions:

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive.

Autarky

A financial strategy or condition where a nation is independent and refrains from participating in global commerce.

Free Trade

Trade that is unregulated by government tariffs or other artificial barriers; the levels of exports and imports occur naturally, as a result of supply and demand.

Consumer Surplus

The variance between the amount consumers are ready to pay for a good or service compared to the actual price they pay.