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What Does the Term "Privatization" Mean? Give Two Examples of Privatization

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Essay

What does the term "privatization" mean? Give two examples of privatization in the United States.​


Definitions:

Erikson's Theory

A psychosocial developmental theory by Erik Erikson, stating that individuals go through eight stages of development, each characterized by a specific psychosocial crisis.

Bandura's Theory

This theory, introduced by Albert Bandura, emphasizes the role of observational learning, social experience, and reciprocal determinism in the development of personality.

Fortuitous Event

An event happening by chance or accident, often beyond an individual's control, influencing situations or outcomes in unexpected ways.

Bandura's Theory

Focuses on how people learn by observing others, emphasizing the importance of modeling, imitation, and social influences in learning.

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