Fred Sanchez Owns and Operates His Own Small Automobile Repair

question 115

Multiple Choice

Fred Sanchez owns and operates his own small automobile repair shop.However,the prices he can charge are fixed,and he rents his land and building from the government.Most of his friends work for industries owned by the government.Fred's country is most likely a(n) ____ economy.

• A) market
• B) communist
• C) socialist
• D) industrialized
• E) capitalist

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Definitions:

Individual Mobility

The ability of an individual to move within or between social strata in a society.

Group Distancing

The process by which individuals or groups distance themselves from other groups, especially those considered to be of lower status or incompatible.

Self-Esteem

Self-esteem is the subjective evaluation of one's own worth, including feelings of confidence, competence, and self-respect.

Death Anxiety

The fear or apprehension about the inevitability of death and the uncertainty surrounding it.