To Establish Creditworthiness You Probably Should First

question 47

Multiple Choice

To establish creditworthiness you probably should first

• A)open savings and checking accounts.
• B)use credit extensively.
• C)arrange a small loan.
• D)pay cash for all purchases.
• E)arrange a large loan from close relatives.

Identify payroll taxes that have an earnings cap and those that do not.

Understand the impact of traditional gender roles on businesses and economic participation.

Recognize the role of parents as primary agents of socialization in shaping gender roles.

Comprehend the challenges and benefits associated with traditional gender roles for both men and women.

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Definitions:

Bronfenbrenner

Urie Bronfenbrenner, a psychologist who developed the Ecological Systems Theory to explain how the inherent qualities of a child and their environment interact to influence how they grow and develop.

Microsystems

In the context of ecological systems theory, microsystems are the immediate environments in which an individual interacts, such as family and school.

Mesosystem

A concept in Bronfenbrenner’s ecological systems theory, referring to the interconnections between the microsystems in an individual's life, like home, school, and community.

Macrosystem

In ecological systems theory, the largest and most remote set of people and places to a person that still exercises significant influence on them, encompassing cultural values, economic conditions, and societal laws.