Jean Piaget and Lev Vygotsky Considered Play to Be Valuable

question 166

Multiple Choice

Jean Piaget and Lev Vygotsky considered play to be valuable because:

• A)it helps children release tension.
• B)it advances the child's cognitive development.
• C)it helps children satisfy their need for mastery over their environment.
• D)it allows children to interact with their peers.

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Definitions:

Equilibrium Interest Rate

The equilibrium interest rate is the rate at which the demand for funds equals the supply of funds in the financial markets, balancing savings and borrowing.

Total Output

The complete quantity of goods or services produced by an entity within a specific period.

Loanable Funds

Financial resources available for borrowing, which constitute the supply in the loan markets.

Interest Rate

The percentage charged on the total amount of borrowed money or paid on savings, indicating the cost of borrowing or the reward for saving.