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Jerome Bruner Found That Children

question 23

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Jerome Bruner found that children:

Learn the impact of cash flows, discount rates, and other variables on the valuation of projects.
Evaluate projects using different capital budgeting techniques to understand their viability and impact on shareholder wealth.
Identify the shortcomings of various project evaluation methods and the importance of considering multiple methods in making financial decisions.
Understand the subdivisions and critical components of product decisions.

Definitions:

Intellectual Functioning

A measure of a person's overall mental ability or intelligence.

Information Processing

The process of taking in information, storing it, and then using it, akin to the way a computer processes data.

Fluid Intelligence

The ability to think abstractly, reason quickly, and solve problems in novel situations, independently of acquired knowledge.

The Bell Curve

A book that argues intelligence is a significant predictor of personal outcomes such as income, job performance, and education, and discusses variations across different racial and ethnic groups.

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