Final answer:
According to Erik Erikson, the final identity crisis occurs in late adulthood and is called integrity versus despair. People in this stage reflect on their lives and either feel a sense of satisfaction or a sense of failure.
Step-by-step explanation:
The final or last identity crisis according to Erik Erikson occurs in late adulthood, which is from the mid-60s to the end of life. This stage is called integrity versus despair. People in late adulthood reflect on their lives and either feel a sense of satisfaction or a sense of failure.
If they feel proud of their accomplishments and have few regrets, they have achieved a sense of integrity. However, if they feel that their life has been wasted, they may experience bitterness, depression, and despair.