Ekerdt Argues That in Newly Retired Individuals, the Work Ethic

question 37

True/False

Ekerdt argues that in newly retired individuals, the work ethic is transformed into a "busy ethic" and an "ideology of pensions."

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Definitions:

Funds

Financial resources set aside for a specific purpose or project.

Angel Investor

A type of investor who uses his or her own money to provide funds to young startup private businesses run by entrepreneurs who are neither friends nor family.

Private Businesses

Enterprises owned by individuals or groups without governmental shares and not traded on the public stock markets, characterized by privately held ownership structures.

Entrepreneurs

Individuals who organize and operate businesses, taking on greater than normal financial risks.