Little Billy Is Constantly Climbing, Exploring, and Trying to Do

question 437

Multiple Choice

Little Billy is constantly climbing, exploring, and trying to do things for himself. His parents try to restrict this exploring and also tend to ridicule his efforts when he makes a mess. According to Erikson, the actions of Billy's parents may cause Billy to feel

• A)shame and doubt.
• B)guilt.
• C)mistrust.
• D)inferiority.

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Definitions:

Opportunity Cost

The value of the best alternative forgone in making any decision, a concept central in economics for understanding resource allocation.

WTO

The World Trade Organization (WTO) is an international organization that regulates international trade between nations.

International Trade

The exchange of goods, services, and capital between countries or territories, enhancing global economic growth, extending markets, and driving competition.

Specialization

A strategy where individuals or entities focus on a narrow area of expertise to increase efficiency and productivity.