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Explain what is meant by a globalized consumption ethic and discuss its consequences in transitional economies.
Extraversion
A characteristic of personality marked by being outgoing, chatty, bold, and displaying intense feelings openly.
Openness
A personality trait associated with someone's willingness to experience new activities, ideas, or ways of thinking.
Individualism
The principle of being independent and self-reliant, often prioritizing personal freedom and goals over collective ones.
Collectivism
A cultural value that emphasizes the importance of groups and the collective over the individual, promoting interdependence and cooperation.
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