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Describe the negative impact of egocentrism, irreversible thinking, and static thought on a child's ability to solve conservation problems.
Recession
Cyclical economic contraction that lasts for six months or longer.
Deregulation
Regulatory trend toward elimination of legal restraints on competition in industries previously served by a single firm in an attempt to improve customer service and lower prices through increased competition.
Regulated Monopolies
Monopolies that are allowed to exist by the government but with restricted and controlled powers to prevent unfair practices.
Cyclically Unemployed
Individuals who are without jobs due to the downturns in the business cycle, rather than through personal choice, often temporary and affected by economic recessions.
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