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Dum Pukht Is

question 4

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Dum Pukht is:

Explore specialized areas of psychology, including cognitive, social, and developmental psychology.
Understand the contributions of Jean Piaget to developmental psychology, emphasizing his cognitive development theory.
Recognize the scope of health psychology and its research interests, such as the impact of lifestyle on physical health.
Identify the main personality traits in psychological assessment and their implications.

Definitions:

Specialization

The process in which individuals or entities focus on a narrow area of expertise or production, leading to increased efficiency and productivity.

Absolute Advantage

Absolute advantage refers to the ability of a country, company, or individual to produce a good or service more efficiently than competitors, using the same amount of resources.

Trade

The trading of goods, services, or a combination of both among two or more entities, domestically or across borders.

Comparative Advantage

The capability of a person, business, or nation to manufacture a product or provide a service with a smaller opportunity cost compared to rivals.

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