Research on the Importance of Early Experiences for Children's Intellectual

question 14

Multiple Choice

Research on the importance of early experiences for children's intellectual development played a major role in the founding of

• A) the Convention on the Rights of the Child.
• B) the Children's Defense Fund.
• C) Project Head Start.
• D) the National Association for the Education of Young Children.

---

Definitions:

Adverse Selection

A situation where asymmetric information leads to the selection of undesirable participants in a contract or agreement, often seen in insurance and financial markets.

Bank Deposits

Funds that customers place into banking institutions for safekeeping and to earn interest.

Asymmetric Information

A situation in markets where one party in a transaction has more or superior information compared to another.

Independent Agency

An independent agency is a governmental body designed to operate independently of political influence, often responsible for regulating certain aspects of the economy or society.