When interest rates on borrowed money are lower, it becomes cheaper for individuals to borrow money, as they must pay less additional money as interest. Thus, they tend to borrow more money and use it to purchase more things. The opposite occurs when interest rates increase.
When interest rates on invested money are lower, people make less return off of their investments, so they tend to invest less. Again, the opposite occurs when interest rates increase.
Answer:
Socialization
Explanation:
Socialization is the process by which society influences members to internalize attitudes and expectations.
Socialization involves both teaching and learning, hence cultural and social continuity is achieved. Learning as a result societal influences, affects beliefs, behavior and actions of both adults and children. In other words, the vies of people are influenced by their society.
For example, in terms of morals, most people tend towards what the society claims as morally acceptable.
Public communication is characterized by :d. a formal transmission of information to a large number of unknown audience members.
<h3>What is public communication?</h3>
Public communication can be defined as the way of communication to the general public.
The general public or large audience can be reached through the use of public communication tools such as:
- Radio broadcast
- Television broadcast
- Newspaper etc.
Therefore the correct option is d.
Learn more about public communication here:brainly.com/question/18363227
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