The Process of Mastering the Basic Skills Required to Function

question 122

Multiple Choice

The process of mastering the basic skills required to function in a society during childhood is called:

• A)socialization
• B)primary socialization
• C)secondary socialization
• D)anticipatory socialization
• E)resocialization

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Definitions:

Market System Characteristics

Features distinctive to market economies, such as private property, profit motive, consumer sovereignty, and competition.

Specialization

The concentration of the productive efforts of individuals or firms on a limited number of activities, leading to increased efficiency.

Production

The process of creating goods or services by combining various inputs like labor, materials, and technology.

Hyperinflation

An extremely high rate of inflation, usually defined as an inflation rate in excess of 50 percent per month.