Answer:
Generativity versus stagnation.
Step-by-step explanation:
Generativity versus stagnation is the seventh level of psychological development according to Erik Erikson's theory. The seventh out of eight stages, this level occurs among middle-aged people and brings about a feeling of the need to accomplish something on their own but also contribute to the family.
While generativity focuses on the need for achievement, stagnation is a situational phase where the person has no feeling of development and finds no ways of development or fails to find ways to help or contribute to anything.
And by James's feeling of putting more importance on his family life instead of personal achievement/ material gains, he is in the stage of generativity posited against stagnation.