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The Psychology of Economic Mobility

Description: This quiz is designed to assess your understanding of the psychological factors that influence economic mobility.
Number of Questions: 16
Created by:
Tags: economic psychology economic mobility social mobility
Attempted 0/16 Correct 0 Score 0

What is the term used to describe the psychological process by which individuals perceive and interpret their economic circumstances?

  1. Economic self-efficacy

  2. Economic self-awareness

  3. Economic self-esteem

  4. Economic self-concept


Correct Option: D
Explanation:

Economic self-concept refers to the beliefs, attitudes, and values that individuals hold about their own economic status and prospects.

Which of the following is NOT a factor that can influence an individual's economic self-concept?

  1. Family background

  2. Educational attainment

  3. Social class

  4. Personal values


Correct Option: D
Explanation:

Personal values are not typically considered to be a factor that directly influences economic self-concept, although they may indirectly influence economic behavior.

What is the term used to describe the psychological process by which individuals compare their economic circumstances to those of others?

  1. Social comparison

  2. Economic comparison

  3. Status comparison

  4. Income comparison


Correct Option: A
Explanation:

Social comparison is the process by which individuals compare their own social and economic status to that of others.

Which of the following is NOT a consequence of social comparison?

  1. Envy

  2. Resentment

  3. Aspiration

  4. Motivation


Correct Option: D
Explanation:

Motivation is not typically considered to be a direct consequence of social comparison, although it may be indirectly influenced by social comparison.

What is the term used to describe the psychological process by which individuals set goals and strive to achieve them?

  1. Aspiration

  2. Goal-setting

  3. Motivation

  4. Achievement orientation


Correct Option: B
Explanation:

Goal-setting is the process of setting specific, measurable, achievable, relevant, and time-bound goals.

Which of the following is NOT a factor that can influence an individual's goal-setting behavior?

  1. Self-efficacy

  2. Locus of control

  3. Social support

  4. Personal values


Correct Option: D
Explanation:

Personal values are not typically considered to be a factor that directly influences goal-setting behavior, although they may indirectly influence goal-setting.

What is the term used to describe the psychological process by which individuals persist in the face of challenges and setbacks?

  1. Resilience

  2. Grit

  3. Perseverance

  4. Tenacity


Correct Option: A
Explanation:

Resilience is the ability to bounce back from adversity and setbacks.

Which of the following is NOT a factor that can influence an individual's resilience?

  1. Self-efficacy

  2. Locus of control

  3. Social support

  4. Personal values


Correct Option: D
Explanation:

Personal values are not typically considered to be a factor that directly influences resilience, although they may indirectly influence resilience.

What is the term used to describe the psychological process by which individuals develop a sense of purpose and meaning in their lives?

  1. Purpose

  2. Meaning

  3. Identity

  4. Self-actualization


Correct Option: A
Explanation:

Purpose is the sense of direction and meaning that an individual has in their life.

Which of the following is NOT a factor that can influence an individual's sense of purpose?

  1. Values

  2. Goals

  3. Social support

  4. Personal experiences


Correct Option: C
Explanation:

Social support is not typically considered to be a factor that directly influences sense of purpose, although it may indirectly influence sense of purpose.

What is the term used to describe the psychological process by which individuals develop a sense of belonging and connection to others?

  1. Social identity

  2. Group identity

  3. Collective identity

  4. Community identity


Correct Option: A
Explanation:

Social identity is the sense of belonging to a particular social group.

Which of the following is NOT a factor that can influence an individual's social identity?

  1. Culture

  2. Ethnicity

  3. Religion

  4. Personal values


Correct Option: D
Explanation:

Personal values are not typically considered to be a factor that directly influences social identity, although they may indirectly influence social identity.

What is the term used to describe the psychological process by which individuals develop a sense of agency and control over their lives?

  1. Self-efficacy

  2. Locus of control

  3. Autonomy

  4. Independence


Correct Option: A
Explanation:

Self-efficacy is the belief in one's own ability to succeed in a specific situation.

Which of the following is NOT a factor that can influence an individual's self-efficacy?

  1. Past experiences

  2. Social support

  3. Personal values

  4. Self-awareness


Correct Option: C
Explanation:

Personal values are not typically considered to be a factor that directly influences self-efficacy, although they may indirectly influence self-efficacy.

What is the term used to describe the psychological process by which individuals develop a sense of optimism and hope for the future?

  1. Optimism

  2. Hope

  3. Positive thinking

  4. Resilience


Correct Option: A
Explanation:

Optimism is the belief that the future will be better than the present.

Which of the following is NOT a factor that can influence an individual's optimism?

  1. Past experiences

  2. Social support

  3. Personal values

  4. Self-awareness


Correct Option: D
Explanation:

Self-awareness is not typically considered to be a factor that directly influences optimism, although it may indirectly influence optimism.

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