Examlex
The field of cognitive development is greatly indebted to the seminal work of the Swiss scholar ____________.
Knowledge Creation
The process through which new ideas, information, and understanding are generated, often leading to innovation and improvements in technology or methodology.
Public Good
A good that is non-excludable and non-rivalrous, meaning it can be used by many people simultaneously without reducing the amount available to others.
Market Failure
A situation in which a market left on its own fails to allocate resources efficiently.
Free-Ride
A situation in which an individual benefits from resources, goods, or services without contributing to the cost.
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