In His Theory of Psychosocial Development, Erik Erickson Argued That

question 9

Multiple Choice

In his theory of psychosocial development, Erik Erickson argued that:

• A) the seven stages of development are independent of each other.
• B) there are two adult stages of development.
• C) identity is the basis for personality development.
• D) industry versus role confusion is an important childhood stage.

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Definitions:

Returns to Scale

The rate at which output increases in response to proportional increases in all inputs or resources, reflecting the production efficiency of a firm.

Long-Run Average Total Cost

The per unit cost of production in the long run, where all inputs, including capital, are variable.

Slope

The measure of the steepness, incline, or grade of a line, often calculated as the ratio of the vertical change to the horizontal change.

Diseconomies of Scale

Occur when a company or business grows so large that the costs per unit increase.