Moratorium

What does moratorium mean?

Moratorium refers to term or extension that is established between the parties involved, to carry out something, generally it can be the payment of a debt or overdue debt, the payment of taxes.

Moratorium can also refer to granting a greater amount of time to carry out a personal obligation, but it generally has to do with the payment of a debt.

For example, “They approved a moratorium for paying taxes.” “You have to request a six-month moratorium from the bank to be able to pay the debt.”

Psychosocial moratorium

The psychosocial moratorium refers to psychological process that individuals go through throughout the construction of our identity during adolescence.

That is, the psychosocial moratorium is determined by the time each person needs to experiment and identify with what actions, feelings and experiences, what they feel identified with and thus, little by little, develop their identity as an individual.

The concept of psychosocial moratorium was proposed by psychologist Erik Erikson, who used it in his theory on identity development during adolescence, which aims to study the construction of individuals’ identity through experiences during adolescence and beginnings of adulthood.

social moratorium

social moratorium refers to the construction of identity and the time it takes each individual to assume the roles of adult life.

The social moratorium is usually studied in young people from the middle or upper class due to their economic capacity, and those who voluntarily postpone plans such as marriage or having children, to dedicate time to studying and preparing academically and professionally, in order to become in people who are more competitive at work and socially.

These young people also dedicate time to other life experiences that enrich the basic knowledge of human beings (social and emotional relationships), as part of their growth process and assuming the responsibilities and obligations of adult life.

See also: development.