Examlex
The use of chlorofluorocarbons in refrigerators and air conditioners is alleged to cause the destruction of the ozone layer that surrounds the earth and which protects humans from ultraviolet radiation.Output of this substance has been restricted by a licensing system where producers have to bid in the open market for licenses to produce them in specified quantities.This is an example of dealing with externalities by
Identity Achievement
A stage in identity development where an individual has explored various options and made deliberate choices, resulting in a sense of self.
Identity Moratorium
A phase in Erik Erickson's theory of psychosocial development where an individual is actively exploring and questioning various personal identities but has not yet committed to one.
Formal Operational Stage
The final stage of cognitive development (around age 12 onwards), according to Jean Piaget, marked by the ability to think abstractly and logically.
Cognitive Development
The process by which individuals acquire and evolve their cognitive abilities, understanding, and problem-solving skills throughout their lifespan.
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