Money Is

question 71

Multiple Choice

Money is:

• A)the same as income.
• B)all financial assets.
• C)any asset used to make purchases.
• D)the sum of assets minus debts.

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Definitions:

Sensorimotor Thought

The first stage in Piaget's theory of cognitive development, where infants understand the world through their sensory experiences and motor actions.

Tertiary Circular Reactions

Repeated experimental behaviors in infants aged 12 to 18 months, part of their cognitive development, showing purposeful adaptation to new situations.

Primary Circular Reactions

Early repetitive behaviors in infants (1-4 months old) that focus on the infant's own body, part of sensorimotor development.

Secondary Circular Reactions

A developmental stage in infants where they repeat actions that affect their environment, showing an early understanding of cause and effect.