Which of the Following Statements Is Consistent with Piaget's Cognitive

question 76

Multiple Choice

Which of the following statements is consistent with Piaget's cognitive development theory?

• A) Individuals progress through stages based on biological readiness and maturation.
• B) Individuals progress through stages based on the presence of environmental demands.
• C) Individuals progress through stages based on biological readiness in addition to increasing environmental demands.
• D) Hypothetical thought is the foundation of adolescent thought.

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Definitions:

Profit Rewards

The financial gains that accrue to entrepreneurs or investors as a result of taking a risk in the marketplace.

Pure Competition

A market structure characterized by a large number of small firms, a homogeneous product, and no single firm having market control.

Market Structure

The organizational and other characteristics of a market, influencing the level of competition and pricing within the market.

Oligopoly

A market structure in which a few firms sell either a standardized or differentiated product, into which entry is difficult, in which the firm has limited control over product price because of mutual interdependence (except when there is collusion among firms), and in which there is typically nonprice competition.