In a Market Economy, Which of the Following Is Most

question 89

Multiple Choice

In a market economy, which of the following is most important if one is going to achieve high earnings?

• A) willingness to do hard physical work.
• B) providing goods and/or services that others value highly.
• C) performing an important social function, like teaching.
• D) having a membership in a labor union.

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Definitions:

Disengagement

A theory proposing that ageing involves a natural and inevitable mutual withdrawal between an individual and society.

Activity Theory

A theoretical framework in socio-cultural psychology that examines how human activities are structured and how these structures impart mental development.

Stratification Theories

Theories that explain the layered or hierarchical organization of society into different social groups or classes, often focusing on issues of inequality and social mobility.

Middle Adulthood

Middle adulthood is a stage of life typically covering the ages of 40 to 65, characterized by stability, career satisfaction, and stronger focus on personal relationships.