What is life-span perspective?

What is life-span perspective? Within the context of work, a life-span perspective holds that patterns of change and transition occur throughout the working life. Other assumptions of a life-span perspective include: The aging process is multidirectional and involves both losses and gains. What are the main characteristics of the lifespan perspective? Baltes’ lifespan perspective emphasizes […]

What type of climate is humid continental?

What type of climate is humid continental? Humid continental climate, major climate type of the Köppen classification that exhibits large seasonal temperature contrasts with hot summers and cold winters. It is found between 30° and 60° N in central and eastern North America and Asia in the major zone of conflict between polar and tropical […]

How does Budget Deficit crowd out investment?

How does Budget Deficit crowd out investment? The impact of budget deficits on private investment is an unsettled issue. If budget deficits are to be financed by borrowing, interest rates must rise so that capital markets can reach equilibrium. High interest rates, in turn, result in a decreased investment, hence the crowding-out effect. How does […]

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