Explain the Characteristics of Standardized Tests That Set Them Apart

question 45

Essay

Explain the characteristics of standardized tests that set them apart from other types of tests. Describe the purpose of standardized tests and provide examples of how educators can use the information gained from these tests to reduce student differences in academic performance. Be sure to include the concepts of aptitude and achievement in your discussion.

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Definitions:

Usury

Charging an excessively high or illegal rate of interest on borrowed money.

Joseph Schumpeter

An economist and political scientist known for his theories on economic innovation and the concept of "creative destruction" in capitalism.

Risk Bearing

The acceptance of the possibility of loss on an investment or business venture, along with the responsibility of managing and mitigating potential risks.

Usury Law

Regulations governing the amount of interest that can be charged on a loan, intended to protect borrowers from exorbitant rates.