What Are Four of the Principles of Developmental Assessment? What

question 14

Essay

What are four of the principles of developmental assessment? What is a practical example that illustrates the use of each of the four principles with children who have special needs?

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Definitions:

Economic Profits

The margin by which a firm's total sales exceed its complete set of expenses, both overt and covert.

Labor

Human effort, either physical or mental, used in the production of goods and services.

Capital

Financial assets or the financial value of assets, such as cash and buildings, used by a business to produce goods or services.

Least-Cost Combination

An economic principle where firms aim to achieve the lowest possible cost of production by efficiently combining resources.