When a Country's Financial System Is Young, It Usually Relies

question 93

Multiple Choice

When a country's financial system is young, it usually relies more on______ finance.

• A)micro
• B)direct
• C)nonintermediary
• D)indirect

Understand the sequence and duration of cognitive developmental stages.

Grasp the concept of egocentrism and how it declines through stages of development.

Recognize the development of object permanence.

Understand the application of cognitive development concepts to real-life scenarios.

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Definitions:

Durkheim

Refers to Émile Durkheim, a foundational French sociologist noted for his studies on social integration, religion, and the establishment of sociology as an academic discipline.

Shared Values

Fundamental beliefs or standards agreed upon by a group, which guide their behaviors and decisions.

Functionalism

A theoretical framework in sociology that views society as a complex system whose parts work together to promote solidarity and stability.

Human Behavior

The array of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, ethics, authority, rapport, hypnosis, persuasion, coercion, and/or genetics.