Which Scenario Is an Example of a Parent Serving as Social

question 127

Multiple Choice

Which scenario is an example of a parent serving as social manager in the socialization of generosity?

• A) Tanya's mother signs her child up for volunteer work at the local hospital after school.
• B) Frank's dad explains to his child how important it is to give to people who have less than they do.
• C) Hannah's mom often makes food for a neighborhood mother whose husband is ill.
• D) Michael's dad tells his children that they need to share their toys when their friends play at their home.

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Definitions:

Money

Anything that is generally accepted in exchange for goods and services.

Capital

Assets used for the production of goods and services, including machinery, buildings, and equipment.

Economics

The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.

Profit

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes involved in sustaining the activity.