Final answer:
The 'Ego Integrity vs Despair' stage is the last stage of Erikson's developmental model. In this stage, individuals reflect on their lives and either feel a sense of satisfaction (integrity) or regret (despair). Successful resolution of this stage results in the virtue of wisdom.
Step-by-step explanation:
The eighth stage of Erik Erikson's Psychosocial Stages of Development is known as the Ego Integrity vs Despair stage. According to Erikson, during this stage, which occurs from roughly the mid-60s to the end of life, individuals reflect on their lives. They either feel a sense of satisfaction, known as integrity, if they are happy with the life they have led; or they feel a sense of regret, known as despair, if they are unhappy with the life they have lived and focus on their missed opportunities and failures. The successful resolution of this stage results in the virtue of wisdom. Those who feel regret may experience bitterness, depression, and a sense of despair. On the other hand, individuals that emerge from this stage with a sense of integrity are usually able to look back on their lives with a sense of satisfaction and accomplishment, and can hence prepare for the end of life peacefully.
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