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According to the text, the relationship between economic growth and the degree of how closed an economy is
Formal-operational Thinking
Formal-operational thinking is a stage described by Jean Piaget where individuals (typically adolescents and adults) develop the ability to think abstractly, logically, and systematically.
Piagetian Stage
One of the stages in Jean Piaget's theory of cognitive development, which describes how children's abilities to think and reason change as they grow older, including sensorimotor, preoperational, concrete operational, and formal operational stages.
Adolescence
The transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.
Adolescent Egocentrism
A characteristic of adolescent thinking that leads to self-consciousness, as teens believe that their actions and appearance are constantly being scrutinized by others.
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