Answer: True
Explanation:
Countries across the world have woken up to the importance of Foreign Direct Investment and it's role in Development.
They have watched successful countries like China, Singapore and Japan acquire wealth through FDI and want that success.
The United Nations has noted that for this reason countries have passed laws making it easier to engage in FDI and this is very evident with the presence of huge Multinational Companies.
The causes of the growth and decline of civilizations, and their
expansion to a potential world society, are complex. However,
civilizations require not only external advances to prosper, but also
the maintenance and development of good social and ethical relationships usually grounded in religious and spiritual norms.
Phinney states that Separation is the most prevalent ethnic identification state among African American adolescents.
Ethnic Identity Status
According to Phinney, the four ethnic identity statuses of assimilation, marginality, separation, and biculturalism are the permutations of this process in which adolescents must reconcile the values of their ethnic group with the values of the majority culture. Ethnic identity is becoming more widely acknowledged as an essential part of the self-concept and, like other components of identity, plays a significant role particularly during adolescence. Despite widespread agreement that maintaining one's ethnic identity is essential for maintaining one's psychological well-being, there hasn't been much agreement on what ethnic identity is or how it should be measured.
Learn more about the ethnic identity:
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