Jack and Jill Are Best Friends, but They Are Very

question 39

Essay

Jack and Jill are best friends, but they are very different from each other.Jack thinks of himself as very interdependent.His ingroup includes his mother, his best friend (Jill), and his baby brother, while his outgroup includes his doctor.Jill thinks of herself as a very independent person.Her ingroup includes her brother, her best friend (Jack), and her husband, while her outgroup includes her coworker.Based on Markus and Kitayama's model, draw a diagram for Jack and Jill, separately, that depicts their relationships with other people.

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Definitions:

Market-Oriented Economy

An economic system where decision-making and investment are determined by the signals from markets rather than by central planning by the government.

Monetary Transactions

Financial activities involving the transfer of money from one party to another, can include both domestic and international transactions.

Final Goods

Products or goods that are ready for sale to the end consumer and will not be transformed into another product.

Economy

The system by which goods and services are produced, distributed, and consumed in a society.