The Decline in Starting New Businesses

question 62

Multiple Choice

The decline in starting new businesses

• A)is not concentrated in one geographic area.
• B)is concentrated in the Northeast states.
• C)is concentrated in the Gulf Coast states.
• D)is concentrated in the Rust Belt.

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Definitions:

Process of Socialization

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

Childhood Socialization

The process through which children learn and adopt the norms, values, behaviors, and social skills appropriate to their society.

Human Potential

The inherent capacity and capability of individuals to develop skills, achieve personal growth, and fulfill their goals and aspirations.

Looking-Glass Self

A social psychological concept that suggests individuals form their self-image based on how they believe others perceive them.