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Piaget said that all adolescents will reach formal thought by age 18.
Equipment
Tools or machinery used for specific purposes, especially in the context of manufacturing or industrial operations.
Goods and Services
The output of an economy that satisfies consumer or business needs, where goods are physical items and services are intangible activities or benefits.
Capital Spending
Expenditures by businesses to acquire or upgrade physical assets such as property, industrial buildings, or equipment to increase their capacity or efficiency.
Incorporating
The process of legally declaring a business as a corporation, providing it with specific legal rights and protections.
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