Final answer:
During late adulthood, Erikson's concept of 'integrity versus despair' describes the process where individuals look back on their life and aim to feel a sense of fulfillment and satisfaction, known as integrity, as opposed to feelings of unfulfillment and regret, which lead to despair.
Step-by-step explanation:
Erikson believes that during late adulthood, people engage in a process called integrity versus despair. During this period, individuals reflect on their life and accomplishments. A person who experiences a sense of satisfaction for their achievements feels a sense of integrity and can look back at their lives with few regrets. On the other hand, those unsuccessful in achieving this sense of fulfillment may view their life as wasted, often dealing with feelings of bitterness and despair.
In the psychosocial stages of development proposed by Erikson, the final challenge for older people is the struggle of overcoming despair to achieve integrity, as indicated by answer option 'a' in a provided multiple-choice question. This stage is integral to one's social and emotional wellbeing and contributes to a peaceful preparation for the end of life. People who resolve this conflict successfully may find new creative outlets, learn new skills, and even prepare for their end of life contentedly and with acceptance.