A Period of Significant Decline in Economic Activity-Marked by Falling

question 101

Multiple Choice

A period of significant decline in economic activity-marked by falling GDP, rising unemployment, and an increased number of bankruptcies-is called:

• A) a severe depression.
• B) a recession.
• C) an expansion.
• D) a boom.

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Definitions:

Hans Eysenck

A British psychologist best known for his work on intelligence and personality, especially his development of the theory of personality traits.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, known for concepts like archetypes, collective unconscious, and individuation.

Self-actualizing

The process of realizing and fulfilling one's potential and capabilities, as the ultimate level of psychological growth according to Maslow's hierarchy of needs.

Maslow's Theory

A psychological theory that proposes a hierarchy of human needs, culminating in self-actualization.