The Macrosystem Involves The

question 152

Multiple Choice

The macrosystem involves the:

• A)settings in which the child is not a direct participant.
• B)temporal dimension.
• C)general beliefs, values, customs, and laws of the larger society.
• D)activities, roles, and relationships in which the child directly participates.
• E)connections among the contexts in which the child directly participates.

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Definitions:

Depreciation

The process of allocating the cost of a tangible or intangible asset over its useful life, reflecting the decrease in value of the asset over time due to use, wear and tear, or obsolescence.

Stock Of Capital Goods

The total quantity of physical assets such as machinery, buildings, and equipment that are used to produce goods and services.

Gross Investment

The total amount spent on purchases of new capital assets plus replacement of depreciated assets.

Depreciation

The gradual decrease in the economic value of the capital stock of a firm, nation, or other entity, either through physical wear and tear or through obsolescence.