It Is Most Accurate to Say That the 2008-2009 Recession

question 138

Multiple Choice

It is most accurate to say that the 2008-2009 recession has resulted in which of the following?

• A)an overselling of private goods
• B)a widespread disbelief in the possibility of achieving prosperity
• C)a decline in conspicuous spending
• D)an increase in materialism
• E)the elimination of false wants

---

Definitions:

Psychosocial

Pertaining to the interrelation of social factors and individual thought and behavior.

Erikson

Psychologist Erik H. Erikson, known for his theory on the psychosocial development of human beings, identifying eight stages from infancy to adulthood.

Theory

a systematically organized set of concepts, propositions, and definitions that project a coherent view of phenomena by specifying relations among variables, with the purpose of explaining and predicting phenomena.

Shame And Doubt

A stage in Erickson's psychosocial development theory where toddlers face challenges in developing personal control and a sense of autonomy.