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Information-Processing Theorists Believe That Developmental Change Occurs

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Information-processing theorists believe that developmental change occurs


Definitions:

Free Trade

International trade left to its natural course without tariffs, quotas, or other restrictions.

Low Tax Rates

A situation in which the percentage at which an individual or corporation is taxed is lower than the typical or average rate.

Special-Interest Effect

The phenomenon where policies or regulations are influenced primarily by a small, vocal group acting in its own interest, rather than the broader public interest.

Private-Sector Provision

Goods and services provided by businesses and private individuals rather than the government, often driven by profit.

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