Which One of the Following Best Describes Erik Erikson's Theory

question 16

Multiple Choice

Which one of the following best describes Erik Erikson's theory of psychosocial development?

• A) A series of stages, each of which has a unique developmental task to be addressed
• B) A process of becoming increasingly self-confident through the years as one's competence improves
• C) A series of stages in which people develop increasingly more sophisticated social skills
• D) A progression of increasingly abstract understandings of social situations

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Definitions:

Marginal Utility

The bonus utility or pleasure experienced by someone when consuming another unit of a given good or service.

Risk-averse

A description of an individual's or entity's preference for avoiding loss over making a gain.

Expected Income

The income an individual anticipates to earn in the future based on current circumstances, potential investments, and employment prospects.

Utility Maximizer

An economic agent who seeks to achieve the highest level of satisfaction or utility from their choices, given their constraints.