ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -According to social cognitive theory, personality formation occurs when people observe the behaviors of others. This leads to adaptation and assimilation, particularly if those behaviors are rewarded.

Detailed explanation-2: -Personal values are how you differentiate between “good” and “bad” in your community, culture, or society. They’re what you view as the ideal standards of behavior, like patience and honesty. You probably have some guiding principles in your life that inform your decision making, goal setting, and overall disposition.

Detailed explanation-3: -Values represent the outward manifestation of character. Our values are perceivable for others, and through them so is our character.

Detailed explanation-4: -Your character is based on your core beliefs, while your personality is how you go about life in every situation. Both character and personality are essential to your experiences in life as well as your overall health.