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Three factors, taken together, appear to bring about the memory changes characteristic of middle childhood: (1) increases in the speed and capacity of working memory; (2) increases in knowledge about the things one is trying to remember; and (3) acquisition of more effective strategies for remembering.
Novice Investor
An individual who is new to investing, lacking in experience and knowledge in making investment decisions.
Retirement Account
Financial accounts that offer tax advantages for saving for retirement, including IRAs, 401(k)s, and pension plans.
Specialty Product
High-quality, unique, or luxury items that consumers make special efforts to purchase, often involving extensive search and higher expenditure.
Industrial and Farm Equipment
Machinery and tools used in industrial operations and agriculture, such as tractors, harvesters, and assembly lines, to enhance productivity and efficiency.
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