Answer:
The correct answer would be, Crisis. Crisis is defined as a period of identity development during which the individual is exploring alternatives.
Explanation:
Crisis is defined as a period of extreme difficulty and danger, during which important decisions must be made. Crisis can be considered as the turning point for someone or some company or some country because during this period a lot of alternatives are being originated and analyzed to get recovered from this extremely difficult and dangerous situation. During this period, people or companies or countries develop their identity. They may either destroy during the crisis or come out to be the survivor of that extreme situation, which enhances their identity.
