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The most important concept that Sechenov introduced into psychology was:
National Debt
The total amount of money that a country's government has borrowed, usually as a result of deficit spending.
Recession
A period of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in successive quarters.
Business Form
The legal structure of a company, such as sole proprietorship, partnership, or corporation, which determines liability and tax obligations.
Income
Earnings received by an individual or organization, often measured as net or gross, including wages, investment returns, and other sources.
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