To determine which statement about socialization is correct, let's understand the concept of socialization in sociology.

Socialization is the process by which individuals, usually children, learn and internalize the values, beliefs, norms, and skills necessary for functioning effectively in their society. It is a lifelong process that begins at birth and continues throughout a person's life.

Let's analyze the provided options:

• An election process: This option refers to the process of choosing representatives or making decisions through voting, not related to socialization.
• A time taking process: Socialization indeed is a time-consuming process because it involves the gradual acquisition and deepening of the cultural and social knowledge required to function in society over various stages of life.
• A policy making process: This typically refers to the creation of specific rules or guidelines for governance or organizational action, not the internalization of cultural norms and values.
• A role seeking process: While socialization involves learning roles, 'role seeking' specifically doesn't encapsulate the gradual and lifelong nature of socialization.

Based on the explanation above, the statement "A time taking process" correctly characterizes socialization as it highlights the longitudinal nature of this process through which individuals learn and adapt to their societal norms over time.

Therefore, the correct answer is: A time taking process.