The Great Recession of 2007-2009 Caused a Basic Change in Consumer

question 106

True/False

The Great Recession of 2007-2009 caused a basic change in consumer behavior, shifting the saving schedule up.

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Definitions:

Treatment Option

Various methods available to diagnose, treat, or manage health conditions or diseases.

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.

Preconventional

The initial level of moral development, according to Kohlberg, characterized by understanding morality based on consequences and individual interests.

Conventional

Adhering to established practices or norms; traditional.