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Even though many psychologists and educators use the term constructivism, they often mean very different things. Although there is no single constructivist theory, most constructivist perspectives do agree on two central ideas. First, identify these two central ideas. Then describe at least two practices in traditional classrooms that seem inconsistent with these ideas.
Current Account Deficit
A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating it is spending more abroad than it is earning.
Capital Account Surplus
Occurs when a country has more incoming foreign investments and transfers than outgoing, influencing the nation's balance of payments and potentially affecting its currency value.
Gold Standard
A monetary system where a country's currency or paper money has a value directly linked to gold.
Trade Deficit
A situation occurring when a country's imports exceed its exports, resulting in a negative balance of trade.
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