During mid-late childhood, children experience significant physical, emotional, and social development. Peer friendships become increasingly important, providing benefits like improved social skills and self-esteem. However, dysfunctional friendships can lead to issues like depression and isolation. Parents and schools should provide tools to help children develop healthy friendships and self-awareness of their emotions. This includes teaching emotional intelligence, conflict resolution skills, and using methods from Positive Discipline like emotion charts. Fostering social and emotional learning helps children establish strong relationships and psychological well-being.