Examlex
In the markets for goods and services, as in the markets for the factors of production, households are buyers and firms are sellers.
Personality Development
The process by which an individual's personality grows and evolves over time due to the interplay of inherent traits, environmental factors, and experiences.
Social Development
The process by which individuals learn the values, customs, and social norms of their society to become functioning members.
Empathy
Sharing another person’s emotions and feelings.
Effortful Control
The ability to regulate one's emotions and actions through effort rather than through natural inclination.
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