Three-Year-Olds Were Shown a Model of a Room with a Miniature

question 24

Multiple Choice

Three-year-olds were shown a model of a room with a miniature stuffed dog placed behind a miniature couch.By using the model to locate an actual stuffed dog behind a couch in a real room,the children demonstrated their capacity for

• A) egocentrism.
• B) symbolic thinking.
• C) conservation.
• D) concrete operational reasoning.

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Definitions:

Publicly Trades

Pertains to companies whose shares are bought and sold on stock exchanges, allowing investors to purchase ownership interests in the businesses.

Auction Market

A market where buyers and sellers enter competitive bids simultaneously; the price is determined by the highest bid received by the seller.

Articles of Partnership

Legal documents that outline the terms, conditions, and responsibilities of each partner in a partnership business.

Foresight

The ability to anticipate future trends, events, or needs and plan actions accordingly.