Maturation is a term used by developmental psychologists to refer to______________?
Correct answer: B. physical(biological)development
- A. the development of personality
- B. physical(biological)development
- C. the development of natural resources
- D. the aging process or senescence
Explanation
Maturation refers to biologically programmed physical development, such as bodily growth and nervous-system development. Personality development and senescence are related developmental topics but are not the specific meaning of maturation.
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Government revenue and expenditure are analysed through taxation, public borrowing, budgets, subsidies, transfers and public debt. The topic explains how fiscal policy affects resource allocation, income distribution, economic stability and growth, while distinguishing direct from indirect taxes, progressive from regressive taxation, and public goods from goods supplied by private markets.
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