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The Level of Market Development Roughly Parallels the Stages of _____

question 76

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The level of market development roughly parallels the stages of _____.


Definitions:

Social Morality

Collective ideas about what is considered right and wrong behavior in society, shaped by cultural, religious, and personal beliefs.

Kohlberg

Refers to Lawrence Kohlberg, an American psychologist best known for his theory of stages of moral development.

Conventional Level

A stage in moral development where individuals' judgments are based on conforming to social rules and expectations.

Moral Development

The process through which individuals develop proper attitudes and behaviors towards other people in society, based on social and cultural norms, laws, and personal beliefs.

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