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What Are Some Practical Uses of Present and Future Values

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What are some practical uses of present and future values?


Definitions:

Negative Self-Concept

A person's view of themselves that is generally characterized by a lack of confidence and a negative perception of one’s abilities, appearance, or worth.

Looking-Glass Self

A sociological concept that suggests an individual's self-concept is shaped by how they believe others perceive them.

Assuming Social Statuses

The process of adopting or being assigned specific roles in society based on various factors like occupation, education, or income.

Process of Socialization

The gradual process through which individuals learn and internalize the norms, values, and behaviors appropriate to their society.

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