Examlex
Which of the following is NOT one of the interrelated principles developed by Piaget to explain the gradual development of a child's mental processes?
Deflation
A decline in the price level for at least two years.
Keynesians
Economists and thinkers following the theories of John Maynard Keynes, who advocate for active government intervention in the economy to manage demand and avoid economic recessions.
Capitalism
An economic system in which most economic decisions are made by private owners and most of the means of production are privately owned.
Government Intervention
Actions taken by a government to influence the economy beyond its basic regulations, including fiscal and monetary policies.
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