Primary group are basic to the development of____________________?
Correct answer: C. personality
- A. politics
- B. law
- C. personality
- D. social change
Explanation
Primary groups such as the family provide early emotional interaction, language, norms, and social learning, all of which shape personality. Politics, law, and social change may be influenced by groups but are not their basic developmental function.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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