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According to Roy,the Coping Process of Self-Consciousness and Self-Analysis

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According to Roy,the coping process of self-consciousness and self-analysis:

Recognize the impact of personal decisions on financial planning, including opportunity costs.
Comprehend different financial institutions and their roles in personal finance.
Calculate the impact of interest rates on savings and investments.
Understand the components of financial planning and their importance.

Definitions:

Operant Conditioning

A learning principle that behaviors are influenced by their consequences, including reinforcements and punishments.

Behavior Modification

A process of changing or shaping behavior through various techniques and strategies, often based on principles of learning and conditioning.

Shaping

A behavioral technique involving the reinforcement of successive approximations of a desired behavior until the final target behavior is achieved.

Reinforces

Stimuli that strengthen or increase the likelihood of a behavior by being presented as a consequence of that behavior.

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