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Describe the characteristics of concrete operational thought. How do these characteristics contribute to changes in children's behavior and adult expectations during middle childhood?
1933
The year notable for the depth of the worldwide Great Depression and the implementation of the New Deal in the United States.
Transfer Payment
A payment made by governments to individuals without any services or goods being received in return, often part of social welfare programs.
Old-Age Pensions
Retirement benefits provided by the government, employers, or other institutions to support individuals financially after they retire.
Military Expenditures
The funds spent by a country on its military forces, including salaries, equipment, and operations.
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