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RE: What is important for children's brain development: Studying or Playing?
I think in the time of our childhood Monopoly was a "must" for any family with children, many enjoyed that as family game and many things we learnt had some practical background. I agree that something we learn while playing games we definitely learn for a long time in our future because of the fun that we had while playing and not repetitive reading and learning, that has more chances to be forgotten.
I am a very very big proponent of practical application. Games have that practical application. We win and we lose in games. Losing is where I learn the most. And the risk of losing something (pride, prestige, money, the potential to get hurt) creates a motivation to win. And a motivation to improvise and use the knowledge that we have in practical ways.
Academic knowledge is essential, but it's only a foundation, it is not going to stick in our head unless we practice it in real situations. And even simulated situations like games. There is a saying in the US, “it looks good on paper.” Meaning, we can propose a plan, and it may look great, but unless we test it and put it into practice, it's just a hypothesis.