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Estrategias educativas-primaria 8-47-84

  • 1. !( ($!( e() - +/ )- )',- -.P( ( )(., ./3) ) +/ *- - +/ -.g( 0), )-f 3;3 D93? 6 BEDGI6C86 9: A6H G:A68DC:H =JB6C6H CD =68: ;6AI6 :MEA86GA6 *:GD HT 8DCK:C: 9:;CG =6HI6 FJS EJCID HDC :AA6H 9:I:GBC6CI:H :C ID9DH ADH 6HE:8IDH 9: CJ:HIG6 K96 D H:6 :C CJ:HIG6 H6AJ9 ;TH86 N B:CI6A N :C CJ:HIGD 9:H6GGDAAD HD86A N :8DCVB8D *DG :?:BEAD :HIJ9DH G:6AO69DH EDG A6 JC968VC 6GC:: N G:6;GB69DH EDG :A #CHIIJID 6GC:: 9: .:8CDADT6 9:BDHIG6GDC FJ: 6JC :C G6BDH IS8C8DH 8DBD A6 C:C:GT6 8:G86 9:A FJC8: EDG 8:CID 9:A SMID ;C6C8:GD 9: 8696 EGD;:HDC6A H: 9:7: 6A 8DCD8B:CID IS8C8D N 6AG:9:9DG 9:A )(. 3 #() *), #(.) H: 9:7: 6 A6 =67A969 :C #(!(#,# /'( 6 A6 *,-)(# N A6 86E68969 E6G6 IG6I6G 8DC A6H E:GHDC6H
  • 2. /C6 K96 EA:C6 N :MIDH6 H: 8DCHIGJN: G69J6AB:CI: 6 E6GIG 9: JC6 H:G: 9: CI:G688DC:H 8DI96C6H 8DC DIGDH H:G:H =JB6CDH :C A6H FJ: 6AJCDH CI:G86B7DH HDC KI6A:H N DIGDH IGK6A:H HC :B76GD CCJCD 9:?6 9: I:C:G 8DCH:8J:C86H : =:8=D :A TC98: 9:A SMID EGD;:HDC6A N E:GHDC6A :HI6GR 9:I:GBC69D 86H C;6A7A:B:CI: EDG A6 ;DGB6 BRH D B:CDH :;86O :C FJ: B6C:?: 98=6H CI:G688DC:H /C :ME:GID BJC96A :C G:A68DC:H EW7A86H :CGN ,D:GH HDHI:C: e:H6GGDAA6G HJ EDI:C86A :C A6H G:A68DC:H H:GR BRH BEDGI6CI: E6G6 HJ 86GG:G6 FJ: ID9D :A 8DCD8B:CID 6869SB8D FJ: 69FJ:G6 :C A6 ;68JAI69 BRH BEDGI6CI: :C A6 9:I:GBC68VC 9: HJ ;JIJGD 8DBD A8:C869D :C 6GI: :C 8:C86H 9D8IDG :C 8:C86H :8DCVB86H :C A:N:H D C8AJHD :C ;ADHD;T6 *:GBTI6B: FJ: H: AD EG:H:CI: :C ;DGB6 9: BRMB6 ( '# ( +/ - ,#)( -(-# 3 / ' ( . 3 - h # ( / - ) /.#0),'(. )( - *,-)(- 3 )- )- +/ ( ,(. .(.) ( -/ .,$) )') ( 0# *,-)( .(, P2#.) DH 9:BRH HDC BJN BEDGI6CI:H C 9:;CIK6 H:6 8J6A H:6 :A 6HE:8ID 76?D :A FJ: AD BG:BDH H:BEG: FJ: AD =66BDH H6C6B:CI: CD =6N C696
  • 3. :C :A BJC9D FJ: H:6 I6C BEDGI6CI: 8DBD A6H E:GHDC6H A6 BEDGI6C86 6;:8IK6 N EGR8I86 H: A: HJB6 A6 9B:CHVC 9: A6 H6AJ9 ;TH86 A G DC6A9 (DG;DA@ EG:8H6 (:8:HI6BDH 8DBE6UT6 E6G6 8DCH:GK6G 6 CJ:HIGD 8DG6OVC N CJ:HIG6 B:CI: :C 7J:C :HI69D DH BS98DH FJ: IG676?6C :C JC969:H 9: 8J969D CI:CHKD H67:C FJ: JC6 :C;:GB:G6 EJ:9: 8DCIGDA6G :A EJAHD :GGRI8D 9: JC E68:CI: B:96CI: :A HBEA: 68ID 9: IDB6GA: A6 B6CD N 7GC96GA: 6EDND - HDBDH 6;DGIJC69DH ID96 CJ:HIG6 :MHI:C86 IG6CH8JGGGR HC A6 6NJ96 9: A6 B:98C6 6AI6B:CI: I:8C;8696 E:GD H HDBDH CI:A:CI:H CD 9:?6G:BDH E6H6G JC HDAD 9T6 EG:H8C9:C9D 9: A6 I:G6E6 9:A 6BDG HI6 :H JC6 B:98C6 :;:8IK6 FJ: ID9DH EJ:9:C 6EA86G HC ;DGB68VC 6869SB86 C ITIJADH ;DGB6A:H C G:6A969 SHI: :H :A WC8D 86BED :C :A 8J6A ADH 6B6I:JGH HDC ADH WC8DH K:G969:GDH EGD;:HDC6A:H EJ:HID FJ: :A BHBD ISGBCD e6B6I:JGf HC;86 6AJ:C FJ: 6B6 6HI6 A6 HDCGH6 :H: 7RAH6BD G6IJID N :;:8IKD 9:E:C9: 9: A6 CI:G688VC 8DC CJ:HIGDH H : B : ? 6 C I : H .: C : B D H H : I : K : 8 : H B R H EGD767A969:H 9: HDCG:TG B:CIG6H :HI6BDH
  •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
  • 5. HI6H B6C:G6H D ;DGB6H 9: 6;GDCI6G :HI6H HIJ68DC:H HDC %'#( :HID FJ:G: 9:8G FJ: CD K6A: ?JHI;86GCDH 98:C9D FJ: HDBDH 6HT N N6 :HIR HCD FJ: =6HI6 :HI: BDB:CID =:BDH :HI69D JH6C9D 9:I:GBC696H :HIG6I:6H 8DCH8:CI:H D C8DCH8:CI:H E:GD FJ: :C 8J6AFJ:G BDB:CID 8J6C9D 9:H8J7GBDH FJ: CD CDH 6EDGI6GDC JC 7J:C G:HJAI69D ED9:BDH 86B76GA6H EDG DIG6H BRH 696EI67A:H N FJ: :C 9:;CIK6 CDH 6EDGI:C BRH 86A969 9: K96 : 68J:G9D 8DC 'DC?6H A6H =67A969:H HD86A:H HDC A6H 8DC9J8I6H D 9:HIG:O6H HD86A:H :HE:8T;86H G:FJ:G96H E6G6 :?:8JI6G 8DBE:I:CI:B:CI: JC6 I6G:6 9: TC9DA: C I : G E : G H D C 6 A # B E A 8 6 J C 8 D C ? J C I D 9 : 8DBEDGI6B:CIDH 69FJG9DH N 6EG:C99DH N CD JC G6HD 9: E:GHDC6A969 -DC JC 8DC?JCID 9: 8DBEDGI6B:CIDH CI:GE:GHDC6A:H 8DBEA:?DH FJ: H: EDC:C :C ?J:D :C A6 CI:G688VC 8DC DIG6H E:GHDC6H DC9J8I6H CI:GE:GHDC6A:H /13=A/17O; 23 9/ /BA?72/2 23@A?3G/@ 1;C3?@/17;/93@ 1;2B1A/@ 1=3?/A7C/@ 3A1 DC9J8I6H G:A68DC696H 8DC :A EGDED C9K9JD 3E=?3@7O; 23 @3;A7:73;A@ /1A7AB23@ =@7A7C/@ 6/17/ B; :7@: 1;2B1A/ LA71/ 3A1
  • 6. DC9J8I6H G:A68DC696H 8DC A6 I6G:6 A?/0/8 7;23=3;273;A3 @35B7? 7;@A?B117;3@ 1:=93A/? A/?3/@ 3A1 6 68:EI68VC EDG E6GI: 9: DIG6H E:GHDC6H 1:=/N3?@ 1935/@ =/?3@ @B0?27;/2@ 3A1 DBD KBDH :C :A 'V9JAD 6CI:GDG A6 :BE6IT6 :H A6 86E68969 9: E:G87G :A BJC9D CI:GDG :BD8DC6A N KK:C86A 9: DIG6H E:GHDC6H EDG AD I6CID :H A6 G6TO 9: A6 CI:G688VC 8DC DIG6H E:GHDC6H 6 8DBE:I:C86 HD86A :C 86B7D :HIR BRH G:A68DC696 8DC A6 8DCKK:C86 :MI:GC6 9: A6H E:GHDC6H :A 9:H:CKDAKB:CID HD86A :M:CID 9: ;G88DC:H N :A 8DCIGDA 9: A6H G:A6H 9: ?J:D HD86A *6G6 ED9:G E:G87G :A B:9D 9: JC6 =?6 6 A6 :H8J:A6 :H C:8:H6G6 A6 :BE6IT6 DBJC86G 6 A6 B6:HIG6 :HI: EGD7A:B6 N 6C6G HJ 8DBEA8969 G:FJ:G: 8DBE:I:C86 HD86A HID G:FJ:G: EDG :?:BEAD 8G:6G JC 6B7:CI: 6G6967A: E6G6 A6 8DCK:GH68VC H67:G 8DCK:C8:G N BDIK6G 6 DIGDH BD9:G6G ADH 8DC;A8IDH 8DCI:BEA6G ADH EGD7A:B6H 9:H9: 9HICI6H E:GHE:8IK6H G:8DCD8:G ADH HHI:B6H 9: G:A68VC : CI:G688VC 9: ADH GJEDH 6H =67A969:H HD86A:H HDC :H:C86A:H E6G6 D7I:C:G A7=@ 23 083A7C@ )7?:IKDH 6;:8IKDH 8DCHJ:C9D G:A68DC:H H6IH;68IDG6H 8DC ADH E6G:CI:H N 8DC ADH 9:BRH
  • 7. :HI67A:8:C9D 6BHI69:H N G:A68DC:H 6BDGDH6H )7?:IKDH CHIGJB:CI6A:H E:GBI:C9D 68IK969:H 8DC SMID :C A6 8DBJC969 C8AJN:C9D 8DBEG6G K:C9:G A6 JIAO68VC 9: CHIIJ8DC:H HD86A:H N EG:HI68DC:H :CIG:KHI6H 9: IG676?D N IG676?6G !$( $%$##)( ! $#*) #)'%'($#! -:J96B:CI: K:G:BDH ADH 8DBEDC:CI:H BRH BEDGI6CI:H 9: ID96 8DC9J8I6 CI:GE:GHDC6A BJ8=DH 9: ADH 8JRA:H 8DB:CO6BDH 6 K:GADH :C A6 EG:JCI6 6CI:GDG 9:9869D 6 A6 BE6IT6 $%$##)( #$ +'!( ! ' -: 9:;C: D7?:IK6B:CI: 8DBD :A BG6G 6 DIG6 E:GHDC6 6 ADH D?DH D 9: ;DGB6 BRH :C:G6A 6 A6 BI69 HJE:GDG 9: A6 86G6 6 BG696 BJIJ6 BEA86 FJ: H: =6 :HI67A:89D 8DCI68ID D8JA6G 8DC DIG6 E:GHDC6 /@7 A2/@ 9/@ 7;A3?/117;3@ 23 9@ @3?3@ 6B:/;@ 23=3;23; 23 :7?/2/@ ?31M=?1/@ DH HC;869DH N ;JC8DC:H 8IIJ9:H 6 :CI: FJ: BG6 BRH :H KHI6
  • 8. 8DBD BRH 6G6967A: E:GD A6 ;DGB6 :MIG:B6 9: BG696 ;?6 :H KHI6 8DBD =DHIA N
  • 9. D 9DBC6CI: MEG:HVC 9: :BD8DC:H 'G6G BRH CI:CH;86 A6 :MEG:HVC 9: 6AJC6H :BD8DC:H 8DBE6U6B:CID 9:A =67A6 6 BG696 H: :BEA:6 ?JCID 8DC A6 8DCK:GH68VC E6G6 HC8GDCO6G D 8DB:CI6G A6 E6A67G6 =67A696 6H E6JI6H 9: BG696 HDC BWAIEA:H BG6G :H H:U6A 9: HJBHVC A6 9A6I68VC EJEA6G H:U6A 9: CI:GSH EDG :A DIGD ! ,%'(# ! *6G:8: H:G FJ: A6 86G6 :H :A EGC8E6A HHI:B6 9: H:U6A:H E6G6 BDHIG6G A6H :BD8DC:H /F 3:17;3@ =?7;17=/93@ F
  • 10. K?3/@ 23 9/ 1/?/ ?3@=;@/093@ 23 @B 3E=?3@7O; 6H :BD8DC:H HDC 6A:GT6 HDGEG:H6 IGHI:O6 B:9D G6 N 6H8D D 9:HEG:8D 6H IG:H G:DC:H ;686A:H BEA8696H HDC A6 ;G:CI:
  • 12. ERGE69DH A6 E6GI: C;:GDG 9: A6 86G6 /C6 8DC9J8I6 HD86AB:CI: =67A9DH6 G:FJ:G: JC6 :MEG:HVC ;686A FJ: :HIS 9: 68J:G9D 8DC :A B:CH6?: ! ($#'( @ B; 1:=;3;A3 @B:/:3;A3 7:=?A/;A3 *J:9: JIAO6GH: 8DBD HDCGH6 9:;:CHK6 8DBD :HID 9: E68;868VC *J:9: H:GKG E6G6 IG6CHBIG :A =:8=D 9: FJ: 6 JC6 E:GHDC6 A: JHI6 DIG6
  •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
  • 14. :BD8DC:H :HE:8T;86H HT A6 C9;:G:C86 EJ:9: :MEG:H6GH: EDG B:9D 9: ADH =DB7GDH :C8D9DH ADH 7G6ODH :GJ9DH D A6H B6CDH :MI:C996H A6 G6 EDG B:9D 9: ADH EJUDH 6EG:I69DH A6 C8AC68VC =686 9:A6CI: D ADH 7G6ODH :MI:C99DH :A 8DFJ:I:D EDG B:9D 9:A 8GJO6G D 9:H8GJO6G A6H E:GC6H :I8 8DBE6U6B:CID 9:A =67A6 DH 86B7DH BEDGI6CI:H 9: A6 EDHIJG6 H: :BEA:6C E6G6 B6G86G 6BEA6H JC969:H 9:A =67A6 8DBD 86B76G 9: I:B6 96G SC;6HH N H:U6A6G :A IDB6G D 8:9:G A6 E6A67G6 -: =6C H:U6A69D 86I:DGT6H EDHIJG6A:H 8:G86B:CID EDHIJG6 6I:CI6 8DBJC8696 EDG JC6 C8AC68VC =686 9:A6CI: 9:A 8J:GED ,:IG696 EDHIJG6 C:6IK6 9: G:8=6OD D 9: G:EJAH6 FJ: H: :MEG:H6 G:IGD8:9:C9D D KDAKSC9DH: =686 DIGD A69D M E 6 C H V C E D H I J G 6 6 G G D 6 C I : D 9:HEG:86IK6 FJ: H: G:;A:?6 :C A6 :ME6CHVC 9:A E:8=D :A IGDC8D G:8ID D C8AC69D =686 6IGRH A6 867:O6 :GJ96 N ADH =DB7GDH :A:K69DH DCIG688VC EDHIJG6 867O76?6 D 9: 676IB:CID FJ: H: 86G68I:GO6 EDG JC IGDC8D
  • 15. C8AC69D =686 9:A6CI: JC6 867:O6 =JC996 ADH =DB7GDH FJ: 8J:A6C N :A E:8=D =JC99D !/ ?73;A/17O; A IED 9: DG:CI68VC :HE686A 9:CDI6 :A G69D 9: CIB969
  • 16. ;DGB6A969 9: A6 G:A68VC J6CID BRH 86G6 6 86G6 :H A6 DG:CI68VC BRH TCIB6 :H A6 G:A68VC N K8:K:GH6 !/ 27@A/;17/ 39 1;A/1A 4M@71 A G69D 9: EGDMB969 :MEG:H6 8A6G6B:CI: A6 C6IJG6A:O6 9: 8J6AFJ:G CI:G688VC N K6GT6 8DC :A 8DCI:MID HD86A :CIGD 9:A 8DCI68ID 8DGEDG6A :MHI:C 9;:G:CI:H G69DH 9: EG:HVC N 9HICIDH EJCIDH 9: 8DCI68ID FJ: EJ:9:C H:U6A6G :HI69DH :BD8DC6A:H 8DBD B:9D 68IIJ9:H CI:GE:GHDC6A:H D JC 9:H:D 9: CIB969 !/ /=/?73;17/ =3?@;/9 A 9:H6GGDAAD I:8CDAV8D 68IJ6A E:GBI: BD9;86G BJ8=D :A 6HE:8ID :MI:GDG 9: JC6 E:GHDC6 B6FJAA6?: 8GJT6 :HISI86 E:AJFJ:GT6 GSB:C 9: 69:A6O6B:CID :I8 6 GDE6 N ADH 69DGCDH 9:H:BE:U6C JC E6E:A BEDGI6CI: :C A6 BEG:HVC FJ: ADH 9:BRH H: ;DGB6C 9: JC C9K9JD DH 8DBEDC:CI:H :C ADH FJ: H: 76H6C :A 6IG68IKD N A6H E:G8:E8DC:H 9:A DIGD HDC :A ;TH8D A6 GDE6 A6 86G6 :A E:AD N A6H B6CDH A D7?:ID 9: A6 BD9;868VC 9: A6 6E6G:C86 :H A6 6JID EG:H:CI68VC 6CI: ADH
  •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
  • 18. KDAJB:C 76?D C986 67JGGB:CID D IGHI:O6 /C IDCD FJ: CD K6GT6 EJ:9: H:G 67JGG9D D BDCVIDCD -: E:G87: 6 A6H E:GHDC6H 8DBD BRH 9CRB86H N :MIGDK:GI96H 8J6C9D 86B76C A6 :CIDC68VC 9: HJH KD8:H 6 B:CJ9D 9JG6CI: JC6 8DCK:GH68VC 6H K6G68DC:H :C A6 :CIDC68VC EJ:9:C H:GKG I6B7SC E6G6 8:9:G A6 E6A67G6 C :C:G6A JC6 :CIDC68VC FJ: HJ7: :H :K6AJ696 EDHIK6B:CI: :H 9:8G 8DBD 6A:GT6 JC6 :CIDC68VC FJ: 9:86: C:6IK6B:CI: 8DBD IGHI:O6 JC6 CDI6 ;?6 8DBD C:JIG6A 'J8=6H K:8:H A6 :CIDC68VC FJ: H: 96 6 A6H E6A67G6H :H BRH BEDGI6CI: FJ: :A B:CH6?: K:G76A FJ: H: FJ:G: IG6CHBIG ! !*. !/@ C/179/17;3@ 4/9@@ 1:73;G@ F ?3=3A717;3@ @; 0/@A/;A3 ;?:/93@ 3; 9/@ 1;C3?@/17;3@ 27/?7/@ -C :B76GD A6H E:GIJG768DC:H :M8:HK6H 9:A =67A6 EJ:9:C 86JH6G JC6 BEG:HVC 9: CH:JG969 C8DBE:I:C86 ED8D CI:GSH D 6CH:969 :B6H69DH E:GTD9DH 9: HA:C8D ED9GT6C CI:GEG:I6GH: C:6IK6B:CI: :HE:86AB:CI: 8DBD 6CH:969 :C;69D D C8AJHD JC6 H:U6A 9: 9:HEG:8D MEG:HDC:H 8DC JC :M8:HD 9: E6A67G6H 9: G:AA:CD 9JG6CI: A6H E6JH6H EDG :?:BEAD N6 H67:H 7J:CD D HDC9DH 8DBD 6= N :=
  • 19. EGDKD86C E:G8:E8DC:H 9: 6CH:969 D 67JGGB:CID )IGD IED 9: E:GIJG768VC C8AJN: G:E:I8DC:H I6GI6BJ9:DH EGDCJC868DC:H :GGVC:6H DBHDC:H N E6A67G6H HC H:CI9D ! !' 6 8A6G969 6 A6 =DG6 9: =67A6G :H BEDGI6CI: - H: =67A6 6GG6HIG6C9D A6H E6A67G6H 6 7DG7DIDC:H 8DC JC 68:CID D KD86AO68VC :M8:HKDH JCD H: EJ:9: =68:G BRH E:H69D 6 ADH 9:BRH ! +!$ 67A6G A:CI6B:CI: EJ:9: =68:G FJ: ADH 9:BRH H: BE68:CI:C D H: 67JGG6C *DG :A 8DCIG6GD H H: =68: 8DC 9:B6H696 G6E9:O JCD EJ:9: CD H:G :CI:C99D ! )%$ ! HI: :A:B:CID H: G:;:G: 6A I:BED FJ: H: B6CI:C: =67A6C9D :A C9K9JD A I:BED 9: 8DCK:GH68VC 9: JC6 E:GHDC6 EJ:9: H:G EGD7A:BRI8D EDG 6B7DH :MIG:BDH :H 9:8G I6CID H 6E:C6H =67A6 8DBD H =67A6 9:B6H69D D BRH 69:8J69D :H JC CI:G86B7D G:8TEGD8D 9: C;DGB68VC $%$##)( +'!( ! $#)#$ A =67A6G H: :BEA:6 E6G6 JC6 K6G:969 9: EGDEVHIDH 8DBD EDG :?:BEAD 8DBJC86G 9:6H 9:H8G7G H:CIB:CIDH G6ODC6G N 6GJB:CI6G !/@ =/9/0?/@ 3:=93/2/@ 23=3;23?K;
  • 20. 23 9/ @7AB/17O; 3; B3 @3 3;1B3;A?3 B;/ =3?@;/ @B =/=39 3; 3@/ @7AB/17O; F 9 B3 3@AK 7;A3;A/;2 95?/? A I:B6 D 8DCI:C9D 9:A =67A6 EJ:9: K6G6G :C G6C B:996 *J:9: H:G TCIBD D BE:GHDC6A H:C8AAD D 67HIG68ID C;DGB6A D IS8C8D AJCDH :A:B:CIDH K:G76A:H FJ: H: =6C :C8DCIG69D BEDGI6CI:H :C A6 8DC9J8I6 HD86AB:CI: =67A9DH6 =6C H9D EDG :?:BEAD A6H :MEG:HDC:H 9: 6I:C8VC E:GHDC6A ADH 8DB:CI6GDH EDHIKDH :A =68:G EG:JCI6H ADH G:;J:GODH K:G76A:H :A :BEA:D 9:A =JBDG A6 K6G:969 9: ADH I:B6H A6H :MEG:HDC:H :C EGB:G6 E:GHDC6 :I8 6H =67A969:H HD86A:H :C A6 EGR8I86 EGD;:HDC6A HDC ;JC96B:CI6A:H 6 A6 =DG6 9: 7JH86G :C8DCIG6G N B6CI:C:G JC :BEA:D D 9:H6GGDAA6G 8DC SMID JC6 EGD;:HVC D JC :BEG:C9B:CID .6CID A6H G:A68DC:H CI:GE:GHDC6A:H 8DBD A6 8DBJC868VC 8DBEDC:CI:H 8DCIKDH N 9: 8DC9J8I6 D :A :CIDGCD HDC 8A6K:H :C :HI: 6HE:8ID !/ ?39/17O; 3@ B;/ =/?A3 3@3;17/9 23 9/ /1A7C72/2 6B:/;/ 'J8=DH 9: ADH EGD7A:B6H E:GHDC6A:H :C CJ:HIG6 HD8:969 D889:CI6A :HIRC B:96IO69DH EDG A6 G:A68VC 8DC ADH DIGDH /C6 8DC9J8I6 HD86AB:CI: =R7A BEA86 A?3@ 27:3;@7;3@ ;2B1AB/9 IED 9: =67A969 %3?@;/9 K6G67A:H 8DCIK6H N
  • 21. (7AB/17;/9 8DCI:MID 6B7:CI6A 6O6GJH H:U6A676 6AJC6H 6EIIJ9:H A6 86E68969 9: H67:G 9:8G CD A6 9: HDA8I6G E:I8DC:H N ;6KDG:H :MEG:H6G H:CIB:CIDH EDHIKDH D C:6IKDH N ED9:G C86G 8DCICJ6G N 8DC8AJG 8DCK:GH68DC:H 8D=:G:CI:H CK:A :BETG8D H: HJ7G6N6 :A =68:G N 68:EI6G 8JBEA9DH A6 EDH7A969 9: ?J8D N 9:H68J:G9D D :A H67:G 68:EI6G A6H 8GTI86H 6?:C6H 6 CU:O :H JC E:GTD9D 8GTI8D :C :A 6EG:C9O6?: 9: ID96H :HI6H 6EIIJ9:H A 6HA6B:CID HD86A I:BEDG6A D EGDADC69D EJ:9: 9HBCJGA6H C :A RB7ID A67DG6A HDC 6HBHBD :H:C86A:H 9K:GHDH IEDH 9: 8DBJC868VC 8DBD A6 CD K:G76A C :AA6 A6 BG696 A6 ;68A969 D CD 9: BG6G 6 ADH D?DH 9:A ?:;: D 8DBE6U:GD ?J:6 JC E6E:A BJN BEDGI6CI: /C6 CI:CH6 BG696 G:;A:?6 H:CIB:CIDH BRH 68IKDH 9: 6BHI69 =DHIA969 I:B:G B:CIG6H FJ: :A 9:HK6GA6 8DCAA:K6 IB9:O HJE:GDG969 D HJBHVC 98:C FJ: A6H BJ?:G:H BG6C BRH FJ: ADH =DB7G:H 6 :MEG:HVC ;686A :H I6B7SC G:A:K6CI: C9869DG6 9: :BD8DC:H 68IIJ9:H =686 ADH 9:BRH D 9:H:D 9: :CI67A6G 8DBJC868VC A:GT6 HDGEG:H6 IGHI:O6 B:9D G6 D 9:HEG:8D HJ:A:C B6C;:HI6GH: :C :A GDHIGD 6 HDCGH6 8J6C9D 6AJ:C CDH 86: 7:C D CI:CI6BDH A6 8DCFJHI6 ?JCID 6A E6GE69:D N A6 EDHIJG6 8DGEDG6A 9: 68:G86B:CID D G:IG696 I:CHVC D 9HI:CHVC HDC DIGDH I6CIDH C98DH 9: CJ:HIG6H
  • 22. =67A969:H DC :HIDH :MEG:H6BDH AD FJ: BJ8=6H K:8:H CD K:G76AO6BDH DH BDKB:CIDH 9: E:GC6H N 9: E:H A6 9HI6C86 D EGDMB969 :A 8DCI68ID ;TH8D JC6 E6AB696 EDG :?:BEAD D :A IDCD 9: A6 KDO 6 6E6G:C86 E:GHDC6A :H ;JC96B:CI6A 'JN BEDGI6CI: :MEG:H6GH: :C EW7A8D
  •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
  • 24. D FJ: =68: :A E6CHI6 :C 86B7D :H 9DBC6G 9:I:GBC69DH EGC8EDH EG:C9: 6AJC6H 8DH6H 7RH86H HD7G: BWH86 *G68I86 8:GIDH :?:G88DH =6HI6 FJ: 9:H6GGDAA6 9:HIG:O6 :C :A I:8A69D J6C9D =6 9DBC69D :HI6H 8DH6H 7RH86H EJ:9: ID86G /+/#, E:O6 9: BWH86 FJ: H: A: EDC6 :C;G:CI: 8DC 6AD 9: EGR8I86 N 6EG:C9O6?: 698DC6A:H *DGFJ: 6JCFJ: 8696 E:O6 BJH86A C9K9J6A :H 9;:G:CI: 9: ID96H A6H 9:BRH HVAD =6N I:8A6H :C :A E6CD N HVAD D8=D CDI6H :C A6 :H86A6 C 8J6CID 6 A6 CI:G688VC :CIG: A6H E:GHDC6H =6N JC6 A:N EH8DAV86 FJ: =68: FJ: ADH H:G:H =JB6CDH G:688DC:C N G:HEDC96C :C ;DGB6 J6A 6 A6 68IIJ9 FJ: 6HJB6 N 6 A6 ;DGB6 :C FJ: D7G: :A DIGD C9K9JD
  •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
  • 26. G:A68DC:H HD86A:H I:C:C JC K6ADG G:;DGO6CI: E6G6 A6 B6NDGT6 9: A6H E:GHDC6H /C6 E:FJ:U6 8=6GA6 EJ:9: H:G HJ;8:CI: E6G6 FJ: :A EGVMBD :C8J:CIGD I:C6 N6 JC H:CI9D BRH :HE:86A (D H: EJ:9: G:8=6O6G 6 JC6 E:GHDC6 HC BRH *DGFJ: ED9:BDH HDGEG:C9:GCDH 6 CDHDIGDH BHBDH 8J6C9D CDH 96BDH A6 DEDGIJC969 9: =67A6G 8DC :H6 E:GHDC6 :HIWE96 FJ: H: E6HV ID96 A6 8DB96 8DCI6C9D 8=HI:H HC G686 C :HDH EGB:GDH BDB:CIDH E6G:8:C :H:C86A:H A6H AA6B696H ##- )!#) ) -,.#0# )!#) HI6 =67A969 :H A6 86E68969 9: A6 E:GHDC6 EDG 9GG 6A DIGD 9: ;DGB6 :MEG:HK6 N HC8:G6 JC6 6A676CO6 D 8JBEA9D DC JC6 68IIJ9 67:GI6 6CI: ADH 9:BRH CDH E:GBIBDH 9:H8J7GG 6AD KRA9D 9:A DIGD N :CIDC8:H AA:6 CJ:HIGD IJGCD :A 9: 9:BDHIG6G HC ;6AHD DGJAAD D :CK96 FJ: 6EG:86BDH AD FJ: :A DIGD 98: E:CH6 D H:CI: DC :HI: IED 9: =67A969:H CD HVAD 8DCH:JBDH :HI67A:8:G JC6 8DCK:GH68VC 6G6967A: HCD FJ: 6JB:CI6BDH A6 EDH7A969 9: FJ: A6 E:GHDC6 CDH 7JHFJ: :C D86HDC:H ;JIJG6H E6G6 ;DGI6A:8:G :HI6 G:A68VC
  • 27. *, +/ ## )!#) - #4 =:BDH 9: :H;DGO6GCDH :C D7H:GK6G A6 8DC9J8I6 9:A DIGD N :A:G :A BDB:CID 69:8J69D E6G6 FJ: :A 8JBEA9D CD H: 8DCK:GI6 :C 6AD 6JIDB6IO69D D HC H:CI9D *DG :?:BEAD -JEDC6BDH FJ: HJ =?6 :H BJN 9:HDG9:C696 ]E:GD BJ8=D HJ 8J6GID E6G:8: JC6 A:DC:G6 :CIDC8:H FJ:G: 6JB:CI6G A6 ;G:8J:C86 9: JC6 8DC9J8I6 EDHIK6 FJ: 6GG:A: HJ 8J6GID :H JC6 8DC9J8I6 FJ: 6 BT B: E6G:8: CDGB6A E:GD FJ: E6G6 :AA6 :H 76HI6CI: 9;T8A FJT FJ: 9:7: H:G :C:GDH6
  • 28. D EDGFJ: 8DBEG:C9: FJ: E6G6 :AA6 :H BJN 9;T8A :CIDC8:H 8696 K:O FJ: 6GG:A6 HJ 8J6GID A: EJ:9: 9:8G 8DC JC6 6BEA6 HDCGH6 c]*:GD FJS 7J:C6 FJ: :G:H d (D H: :HI6GR G:;G:C9D 6 HJ 7DC969 HCD 6 AD 7:C FJ: AD :HIR =68:C9D 6 AD :HIJE:C96 FJ: :H EDGFJ: AD =6 =:8=D ;G6C86B:CI: 7:C CIDC8:H :A 8DCI:MID :H C9869D EDGFJ: H: :HIR G:;G:C9D 6 A6 8DC9J8I6 FJ: 68676 9: :?:8JI6G N :AA6 :CI:C9: E:G;:8I6B:CI: FJ: :A 9:8GA: c]FJS 7J:C6 FJ: :G:H d H: 9:7: 6 FJ: AD =6 =:8=D BJN 7:C .D9DH 6AJC6 K:O K6BDH 6 68DCI:8B:CIDH HD86A:H 7D96H 76JIODH 8JBEA:6UDH 8JGHAADH G:JCDC:H 9: IG676?D 6AAT CDH K:BDH HDB:I9DH 6 A6 I6G:6 9: H:G EG:H:CI69DH 6 BJ8=6 :CI:
  • 29. 9:H8DCD896 ,:8DG96G :A CDB7G: 9: ID9DH :AADH G:HJAI6 BEDH7A: *:GD HT :H BEDGI6CI: B:BDGO6G :A CDB7G: 9: 6FJ:AADH 8DC ADH FJ: I:C:BDH FJ: 8DBE6GIG JC RB7ID BRH G:9J89D EDG :?:BEAD CDH I:C:BDH FJ: H:CI6G ?JCIDH 6 A6 B:H6 N6 FJ: ED9G:BDH JIAO6GAD 6 A6 =DG6 9: C86G JC6 8DCK:GH68VC N I:C: JC :;:8ID BJN G6I;86CI: HD7G: CJ:HIGD CI:GAD8JIDG - JIAO6BDH :A CDB7G: 9:A DIGD 8DGG:8I6B:CI: CJ:HIGD CI:GAD8JIDG H: H:CIGR :H:C86A :C A6 8DCK:GH68VC D EDG AD B:CDH 6A676GR CJ:HIG6 7J:C6 B:BDG6 ) - ) ! # ) - + / . # ( ( / ( ,!/'(.#)( .'#P( -)( 'g- .#0)- *DG :?:BEAD :C JC CUD EJ:9: H:G HJ;8:CI: JC cBJN 7:Cd 98=D 8DC HC8:G969 E:GD 8DC JC 69JAID C:8:HI6BDH 6GJB:CI6G JC ED86 BRH A6 6A676CO6 DH HJ:CI:H :?:G88DH =6C H9D G:8D9DH 9: ,0#-. #!#. c*,g.# )(.d ([ $/#)
  • 30. -*.#', * !,( #--( !,
  • 31. ! %( V'( - %$' +$'W $083A7C 06ADG6G A6H K:CI6?6H 9: JIAO6G A6H ;VGBJA6H 9: 6G69:8B:CID N 8DGI:HT6 7;K:71/ ::G :A 8J:CID N G:6AO6G A6H 68IK969:H /A3?7/9 *6E:A 6OJA N 6B6GAAD ;DADH ARE8:H 8DADG:H B3;A B69DG :H JC CUD :M:CI: 9: :HDH FJ: 98:CdFJ:GD :HIDd N H: AD I:C:C FJ: 96G 6A BDB:CID H 8DBD H E:CH6G6 FJ: ID9D :A BJC9D A: 9:7: 6AD - FJ:GSH 8DBEGD76G AD FJ: DH 9D :H8DC9:DH 9:IGRH 9: 6FJ:A RG7DA N :H8J8=69AD KDHDIGDH BHBDH ])6 H:UDG6 +JS =DG6 :H +J:GGRH 9:8G EDG ;6KDG A: G:HEDC9: A6 H:UDG6 8DC JC6 6B67A: HDCGH6 (D FJ:GD 9:8G AD FJ: =: 98=D 98: B69DG B6A=JBDG69D *:GD 8DBD N6 K:D FJ:
  • 32. JHI:9 CD B: AD 98: H: AD EG:JCI6GS 6 :H: CUD = IW 8=6K6A +JS =DG6 :H +J:GGRH 9:8G EDG ;6KDG A: G:HEDC9: :A CUD 8DC JC6 6B67A: HDCGH6 ]'DH86H *:GD +JS E6H6 :C :HI: AJ6G HIRH ID9DH B6A 9: A6 DAA6 *J:H FJ: DH OJGO6C D:GS :A 6JID7WH N B: GS 6 DIG6 E6GI: GJU: B69DG :C;6969D N A: GI6 6A 8DC9J8IDG 9:A 6JID7WH = E6G: E6G: *:GD 8JRA H:GR HJ HDGEG:H6 8J6C9D K: FJ: :A 6JID7WH E6H6 9: A6GD ]'DH86H :M8A6B6 :C;6969D *:GD`EDG FJS CD E6G6 HIR 7:C B: GS 6C96C9D !G686H EDG =67:GB: :A:9D E6G6 86BC6G B69DG E:6 JC G:HECD +JSC =67GR 98=D :HD(D =6N C69: 6 A6 KHI6` *DG ;6KDG BG6 =686 IJH E:H ND :HIDN 9:76?D B69DG BG6 9:76?D 9: HJH E:H N HDAD K: A6 68:G6 CIDC8:H E:CH6 d/C6 68:G6 FJ: B: 96 A6H G686H EDG EH6GA6 'DH86H :HID N6 :H 9:B6H69D B: A6GD 6 DIG6 E6GI:d 3 :8=6 6 6C96G JC A69D N 6 DIGD 06 ;JGDHD HC ;?6GH:
  • 33. 9DC9: EH6 C6AB:CI: AA:6 6A BHBD E6GFJ: 9: 6CI:H C G:6A969 HDAD :HI676 96C9D KJ:AI6H :C 8TG8JAD ]/;; FJ: 86CH69D :HIDN :M8A6B6 ': H:CI6GS JC G6ID :C :HI: 76C8D *:GD :A 76C8D H: :8=6 =686 6IGRH N B69DG H: E:6 JC 76I686OD ]'DH86H +JS A: E6H6 6 :HI: 76C8Df H: =6 BDK9D 3 :A RG7DA I6B7SC H: =6 6A:?69D 9: BT 3 A6H ;ADG:H I6B7SC H: K6C 3 6=DG6 :A HDA H: :H8DC9: 9:IGRH 9: JC6 CJ7: +J: :H AD FJ: :HIR E6H6C9D *DG FJS H: K6C ID9DH GI6 N E6I6A:6 +JORH I: =6H DAK969D 9: H:G :9J869D A: 98: :A =696 '6C9DAC6 ]+J: 8=DGG696 :H :H6 G:HEDC9: B69DG B6A=JBDG69D A =696 '6C9DAC6 A: E9: 6A HDA FJ: A: :MEAFJ: 6 B69DG EDG FJS H: :H8DC9: A:KD ID96 A6 B6U6C6 86A:CIRC9DA: N C A6H G686H B: =6 969D ( 6 BT EDG B HDB7G6 98: :A RG7DA
  • 34. ( 6 BT EDG :A 9:H86CHD 98: :A 76C8D D K:H 98: :A =696 :H9: 6=DG6 CD DAK9:H FJ: 8DC G686H N cEDG ;6KDGd KKBDH ID9DH BJ8=D B:?DG B69DG KJ:AK: 6 86H6 867O76?D N H: 68J:HI6 E:CH6C9D :C A6H E6A67G6H 9:A =696 A 9T6 HJ:CI: 6CI:H 9: GH: 6A 8DA:D A: 98: 6 HJ B69G:
  • 35. )+ W!( )'( $$#( Z((W ?6GH: :C ADH 9:I6AA:H :H JC :CIG:C6B:CID ;JC96B:CI6A E6G6 8J6C9D AA:J:BDH 6 A6 HDAJ8VC 9: EGD7A:B6H CI:GE:GHDC6A:H N I:C6BDH FJ: H67:G cA::Gd A6H :MEG:HDC:H N :A IDCD 9: KDO 8DC FJ: DIGDH CDH =67A6C DH 6AJBCDH 9:7:C H67:G D G:8DG96G FJ: A6H E:GHDC6H CD :HIRC H:BEG: 9:A BHBD =JBDG HCD FJ: :ME:GB:CI6C 9K:GH6H :BD8DC:H C :HI6 68IK969 K6BDH 6 IG676?6G A6H IG:H :BD8DC:H 7RH86H 6A:GT6 IGHI:O6 N :C;69D $)+$ DCH:JG FJ: 8DBEG:C96C 8A6G6B:CI: FJ: CD 68IJ6BDH 9: A6 BHB6 B6C:G6 8J6C9D :HI6BDH 6A:G:H FJ: 8J6C9D :HI6BDH IGHI:H D :C;6969DH )'!( RB6G6 9: ;DIDH 6G6H 8DC A6H IG:H :BD8DC:H (''$!!$ ! )+ CH:U6G 6 ADH CUDH A6H 86G6H 9: A6H IG:H :BD8DC:H : C986G FJ: A:H HJ:G:C FJS EJ:9:C :HI6G HCI:C9D ADH E:GHDC6?:H
  • 36. CH:U6GA:H ;DIDH 9: G:KHI6H : CI:CI6G BI6G ADH :HIDH #BI6G 6 E6ER D 6 B6BR 8J6C9D CDH G:6U6C CDH 96C JC6 DG9:C :HIRC HBERI8DH` 68:G ;DIDH 9: ADH CUDH 8DC 9;:G:CI:H :MEG:HDC:H $J6G 6 69KC6G FJ: H:CI:C 68:G HJ8:HK6B:CI: JC6 E:FJ:U6 G:EG:H:CI68VC D GDA: EA6NC E9SC9DA:H 6 ADH CUDH FJ: G:HEDC96C 9: BD9D 69:8J69D 6A IDCD :BEA:69D 6A =67A6GA:H JCD H: A: =67A6GR :C IDCD IGHI: 6 DIGD :C IDCD 6A:G:`:I8 MEG:HVC DG6A FJ: E6H6 6A EGC8ED 9:A ?J:D :CIG: GH N (68=D +JS =68SH KDHDIGDH 8J6C9D K6GDH CUDH FJ:GSH JC BHBD ?JJ:I: VBD A:H 6NJ96 A6 EGD;:HDG6 6 HDAJ8DC6G A6 E:A:6 :I8 .6AA:G 9: EARHI86 68:G :CIG: ID9DH JC 8D8D9GAD 6CI: 6 EGD;:HDG6 ECI6GR A6 HAJ:I6 :C JC E6E:A 8DCICJD G6C9: DH CUDH E:6GRC :C :A 8J:GED E6E:AIDH K:G9:H 6 BD9D 9: :H86B6H ,:8DGI6GAD N E:6GAD :C A6 8A6H: E6G6 G:8DG96G FJ: ADH ?JJ:I:H H: EJ:9:C 8DBE6GIG :CIG: ID9DH *DG ;6KDG BG6 =686 IJH E:H ND :HIDN 9:76?D
  • 37. B69DG BG6 9:76?D 9: HJH E:H N HDAD K: A6 68:G6 CIDC8:H E:CH6 d/C6 68:G6 FJ: B: 96 A6H G686H EDG EH6GA6 'DH86H :HID N6 :H 9:B6H69D B: A6GD 6 DIG6 E6GI:d 3 :8=6 6 6C96G JC A69D N 6 DIGD 06 ;JGDHD HC ;?6GH: 9DC9: EH6 C6AB:CI: AA:6 6A BHBD E6GFJ: 9: 6CI:H C G:6A969 HDAD :HI676 96C9D KJ:AI6H :C 8TG8JAD ]/ FJ: 86CH69D :HIDN :M8A6B6 ': H:CI6GS JC G6ID :C :HI: 76C8D *:GD :A 76C8D H: :8=6 =686 6IGRH N B69DG H: E:6 JC 76I686OD ]'DH86H +JS A: E6H6 6 :HI: 76C8Df H: =6 BDK9D 3 :A RG7DA I6B7SC H: =6 6A:?69D 9: BT 3 A6H ;ADG:H I6B7SC H: K6C 3 6=DG6 :A HDA H: :H8DC9: 9:IGRH 9: JC6 CJ7: +J: :H AD FJ: :HIR E6H6C9D *DG FJS H: K6C ID9DH GI6 N E6I6A:6 +JORH I: =6H DAK969D 9: H:G :9J869D A: 98: :A =696 '6C9DAC6 ]+J: 8=DGG696 :H :H6 G:HEDC9: B69DG B6A=JBDG69D A =696 '6C9DAC6 A: E9: 6A HDA FJ: A: :MEAFJ: 6 B69DG EDG FJS H: :H8DC9:
  • 38. A:KD ID96 A6 B6U6C6 86A:CIRC9DA: N C A6H G686H B: =6 969D ( 6 BT EDG B HDB7G6 98: :A RG7DA ( 6 BT EDG :A 9:H86CHD 98: :A 76C8D D K:H 98: :A =696 :H9: 6=DG6 CD DAK9:H FJ: 8DC G686H N cEDG ;6KDGd KKBDH ID9DH BJ8=D B:?DG B69DG KJ:AK: 6 86H6 867O76?D N H: 68J:HI6 E:CH6C9D :C A6H E6A67G6H 9:A =696 A 9T6 HJ:CI: 6CI:H 9: GH: 6A 8DA:D A: 98: 6 HJ B69G: 9VH B6BR N BJ8=6H G686H EDG :A 9:H6NJCD I6C G8D FJ: B: =6H EG:E6G69D ?D 9: C696 B: 6A:GD 9: FJ: I: =6N6 JHI69D J:D A: 98: 6 HJ E69G: *DG ;6KDG E6ER ED9GRH 8DBEG6GB: JC6 86?6 9: 8DADG:H :C A6 E6E:A:GT6 FJ: :HIR 6A A69D 9: IJ D;8C6 3 EDG 8:GID 96A: A6H G686H 6 IJ 6BD '6CDAD EDG A6H 8=6E6H +JS A: E6H6 6 B69DG FJ: 96 A6H G686H N E9: ID9D EDG ;6KDG 98: HJ =:GB6C6 *DGFJ: =: 8DBEG:C99D FJ: 8DC cG686Hd N
  • 39. cEDG ;6KDGd KKBDH ID9DH BJ8=D B:?DG A: G:HEDC9: B69DG 8IK969:H HD7G: :A 8J:CID MEG:HVC DG6A 68:G I6G?:I6H 6OJA:H N 6B6GAA6H N B:I:GA6H :C JC6 7DAH6 A CUD D A6 CU6 FJ: H6FJ: JC6 I6G?:I6 6OJA I:C: FJ: E:9G 6AD EDG ;6KDG 3 :A FJ: H6FJ: JC6 6B6GAA6 I:C: FJ: 96G A6H G686H EDG 6AD .D9DH ADH CUDH I:C:C FJ: E:9G JC6 ;ADG 6A EGD;:HDG D A6 EGD;:HDG6 9:A BD9D FJ: H: A: C9FJ: 8VB8D IGR8D GDBRCI8D :CIJH6HI6 6HJHI69D` MEG:HVC BJH86A :8G EGB:GD cEDG ;6KDGd N AJ:D cG686Hd C 8G:H8:C9D -: :BE:O6 86H :C JC HJHJGGD N H: I:GBC6 98SC9DAD :C KDO BJN 6AI6 6G A6H G686H JIAO6C9D 9HICIDH IDCDH 9: KDO EDCSC9DA: BWH86 6 A6 E6A67G6
  •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
  • 41. JC6 E6I696 6 (68=D ]-JSAI6AD IW GI6 (68=D 9RC9DA: JC6 E6I696 6 GH 6 EGD;:HDG6 ADH K: N 68J9: 6 H:E6G6GADH ]= CUDH C696 9: E:6GH: +JS E6H6 3D 8DT EGB:GD :A 8D8D9GAD AADGFJ:6 GH (D AD 8DT ND EGB:GD AADGFJ:6 (68=D 6 EGD;:HDG6 A:H FJI6 :A 8D8D9GAD *J:H K6H 6 I:C:G FJ: ?J6G 8DC DIG6 8DH6 EDGFJ: :A 8D8D9GAD B: AD FJ:9D ND GH BG6 6 (68=D 8DC G:C8DG 8DBD 98:C9D d0:H AD FJ: =6H =:8=Dd3 (68=D BG6 6 GH 8DC G:C8DG 8DBD 98:C9Dd*DG IJ 8JAE6 CDH =:BDH FJ:969D HC 8D8D9GADd 3 8696 JCD H: K6 6 JC GC8VC 9: A6 8A6H: 6 7JH86G DIG6 8DH6 8DC A6 FJ: ?J6G *:GD GH CD H: AD E6H6 C696 7:C CD =68: BRH FJ: E:CH6G :C AD BJ8=D FJ: FJ:GT6 :A 8D8D9GAD 3 (68=D I6BED8D H: AD E6H6 7:C (D =68: BRH FJ: E:CH6G :C AD BJ8=D FJ: FJ:GT6 :A 8D8D9GAD
  • 42. A 9T6 HJ:CI: GH KJ:AK: 6A 86?VC 9: ADH ?JJ:I:H 6 8D:G :A 8D8D9GAD H:JG6 9: FJ: (68=D H: =6 DAK969D N6 9: SA *:GD C696 BRH 66GG6GAD EDG A6 8DA6 HJ EG:8DH6 N 6EA6HI696 8DA6 K:G9: CDI6 FJ: 6AJ:C IG6 9: SA ?JHID EDG :A A69D 8DCIG6GD H (68=D 8DBD CD *:GD :HI6 K:O A6 EGD;:HDG6 H: 96 8J:CI6 N K6 =686 :AADH .:C9GSH FJ: IJGC6GDH :O BCJIDH AD I:C9GR GH N DIGDH 9:O (68=D A:H 98: GH H: E6H6 HJH 9:O BCJIDH 67G6O696 6A 8D8D9GAD BG6C9D 6 (68=D 8DC D?DH 9: IGJC;D 8DBD 98:C9Dd=C8=6 :H BTD AD I:CD ND EGB:GDd J:D :H (68=D FJ:C BG6 6 GH 8DBD 98:C9Dd6=DG6 I: ;6HI96H*:GD :C G:6A969 ADH 9DH H: =6C 67JGG9D JC BDCIVC A 9T6 HJ:CI: 8J6C9D AA:6 A6 =DG6 9:A GC8VC 9: ?J:D GH A: 98: 6 (68=D +J:G:H FJ: ?JJ:BDH 6 FJ: :HIR76BDH :C A6 H:AK6 N K:T6BDH JC 8D8D9GAD 06A: 3 I:CT6BDH FJ: C696G BJN 9:EGH6 E6G6 FJ: CD CDH 8DB:G6 98: (68=D 3 8DT6BDH JCDH E6ADH E6G6 AJ8=6G 8DC :A 8D8D9GAD 98: GH
  • 43. 3 :A 8D8D9GAD H: EDCT6 6 AADG6G E6G6 FJ: CD AD B6IRG6BDH 98: (68=D 3 H: K:CT6 8DC CDHDIGDH 6 :CH:U6GCDH A6 H:AK6 3 ?J6GDC I6CID FJ: :A I:BED 9: ?J:D H: A:H E6HV :C JC EH E6H )+( MEG:HVC DG6A FJ: E6H6 6A EGC8ED 9:A ?J:D :CIG: GH N (68=D +JS =68SH KDHDIGDH 8J6C9D K6GDH CUDH FJ:GSH JC BHBD ?JJ:I: VBD A:H 6NJ96 A6 EGD;:HDG6 6 HDAJ8DC6G A6 E:A:6:I8 .6AA:G 9: EARHI86 68:G :CIG: ID9DH JC 8D8D9GAD 6CI: 6 EGD;:HDG6 ECI6GR A6 HAJ:I6 :C JC E6E:A 8DCICJD G6C9: DH CUDH E:6GRC :C :A 8J:GED E6E:AIDH K:G9:H 6 BD9D 9: :H86B6H ,:8DGI6GAD N E:6GAD :C A6 8A6H: E6G6 G:8DG96G FJ: ADH ?JJ:I:H H: EJ:9:C 8DBE6GIG :CIG: ID9DH
  • 44. V!$( %'$!( #)'%'($#!( )## ($!*$#W $083A7C 6G HDAJ8DC:H 69:8J696H 6 ADH EGD7A:B6H CI:GE:GHDC6A:H FJ: H: A:H EG:H:CI:C -67:G EG:K:G 8DCH:8J:C86H 9: A6H EG:JCI6H FJ: H: ;DGBJA:C /A3?7/93@ HI6 9: HDAJ8DC:H HI6 9: EGD7A:B6H *O6GG6 3@/??99 -: EJ:9: JH6G JC EGD7A:B6 CI:GE:GHDC6A 8J6AFJ:G6 EDG :?:BEAD 8VBD 8DCH:JG FJ: JC CUD B: 9:?: ?J6G 8DC HJ 76AVC D FJ: JC6 CU6 B: 9:?: ?J6G 8DC HJ 868=DGGD D 8VBD 8DCK:C8:G 6 JC 8DBE6U:GD E6G6 FJ: CKI: 6 B 6B6 6 HJ 8JBEA:6UDH :I8` DB:CO6BDH =68:C9D A6H 8J6IGD EG:JCI6H ;JC96B:CI6A:H
  • 45. FJS I:CD FJ: =68:G 9: 8J6CI6H B6C:G6H EJ:9D =68:GAD 8JRA :H A6 B:?DG FJS I6A AD =8: 8DCICJ68VC :A GJED EGDEDC9GR HDAJ8DC:H 6CI:H 9: EGDEDC:G :A EGD7A:B6 :H8G7SC9DA6H :C A6 EO6GG6 E:GD E6G6 ;68AI6GA:H :A IG676?D FJ: CD :H ;R8A H: EJ:9:C H:JG :HIDH 9DH E6HDH *G:H:CI6G HDAJ8DC:H 6CI:H 9: EGDEDC:G :A EGD7A:B6 :H8G7SC9DADH :C A6 EO6GG6 : 9DN JC EJU:I6OD D 68JHD -: AD E9D EDG ;6KDG - B: 9:?6H :HD ND I: 9:?D :HID /C G6ID IW N DIGD ND (D A: =6D 86HD -: AD FJID HC FJ: B: K:6 3D I: 6NJ9D`````` CIDC8:H H: A:H EG:H:CI6 JCD 9: :HIDH
  • 46. EGD7A:B6H DT 9DH NDJG:H 9:A 8DB:9DG HC FJ: B: K:G6C /C CUD B: 96 JC 8D96OD N :HIGDE:6 B 97J?D /CD B: AA6B6 =?D 9:` /CD H: :C;696 EDGFJ: A: IGS JC6 8RH86G6 9: C6G6C?6 9DH CU6H A:H E9: A6 B6:HIG6 FJ: IG66C JC6H HAA6H /CD B: EDC: JC BDI: N B: AD G:EI:` -: A:H E9: FJ: 8696 JCD :A?6 E6G6 :A EGD7A:B6 EG:H:CI69D JC6 9: A6H HDAJ8DC:H FJ: =6N :C A6 EO6GG6 N H: 6CDI6C 8DC c2d A6H FJ: H: K6C 98:C9D J:D 9:76IBDH FJ: G:A68DC:H HDC 8DGG:8I6H N 8JRA:H CD