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VI (Value of Information)= C (Cost to Produce)+ VG (Value

question 11

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VI (value of information)= C (cost to produce)+ VG (value gained).


Definitions:

Social Experiences

The interactions with society and other individuals, which contribute to one's identity, values, and perceptions.

Personality Development

The process through which an individual's personality traits, characteristics, and behaviors evolve over time due to environmental influences and personal experiences.

Extended Family

A family unit that extends beyond the nuclear family and includes grandparents, aunts, uncles, and other relatives.

Socializing

The process by which people interact and communicate in society, helping establish norms and relationships.

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