The primary agent of socialization is the______________?
Correct answer: C. family
- A. peer group
- B. school
- C. family
- D. mass media
Explanation
The family is normally the first and most influential agent of socialization because children initially learn language, behaviour and norms at home. Schools, peers and media become important later.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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