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Adolescent egocentrism is a term that David Elkind used to describe the phenomenon of adolescents' inability to distinguish between their perception of what others think about them and what people actually think in reality.[1] David Elkind's theory on adolescent egocentrism is drawn from Piaget's theory on cognitive developmental stages, which argues that formal operations enable adolescents to construct imaginary situations and abstract thinking.[2]
Accordingly, adolescents are able to conceptualize their own thoughts and conceive of other people's thoughts.[1] However, Elkind pointed out that adolescents tend to focus mostly on their own perceptions – especially on their behaviors and appearance – because of the "physiological metamorphosis" they experience during this period. This leads to adolescents' belief that other people are as attentive to their behaviors and appearance as they are of themselves.[1] According to Elkind, adolescent egocentrism results in two consequential mental constructions, namely imaginary audience and personal fable.
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American political culture emphasizes the values of liberty, equality, and democracy. a small group of people that dominates the political process.
Centerl government
State government
Union terrory
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Capitalized financial institution has more to lose if it fails and thus is less likely to pursue risky activities.
A financial institution, sometimes called a banking institution, is a company that acts as an intermediary in various types of financial currency transactions.
A Financial Institution (FI) is an entity that engages in financial and monetary transactions such as deposits, loans, investments and exchanges.
A bank is a financial institution authorized to accept deposits and make loans. There are different types of banks such as retail banks, commercial banks, and investment banks.
Major categories of financial institutions include central banks, retail and commercial banks, internet banks, credit unions, savings and loan associations, investment banks, investment companies, brokerage firms, insurance companies and mortgage lenders. .
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