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GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included.
Human Knowledge
The collective information, understanding, and skills acquired by humans through experience, education, and the senses, encompassing both scientific and cultural insights.
Schemes
Plans of action, based on previous experiences, to be used in similar circumstances.
Object Permanence
The realization that objects continue to exist, even when they can no longer be perceived.
Piaget
Swiss psychologist Jean Piaget, known for his theory of cognitive development that describes how children construct a mental model of the world.
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