Which Example BEST Fits the Characteristics of a Private Good

question 22

Multiple Choice

Which example BEST fits the characteristics of a private good?

• A)a professor giving a lecture in a large classroom
• B)an ice-cream cone
• C)fire protection
• D)disease prevention

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Definitions:

Karen Horney

Karen Horney was a psychoanalyst who postulated theories on neurosis, personality, and the importance of social and cultural factors in mental health, diverging from Freudian viewpoints.

Ego

In psychoanalytic theory, the part of the psyche that mediates between the demands of the id, the superego, and the external world.

Identity

The understanding or concept of oneself as a unique individual, including aspects of self-concept and social identity.

Erikson

Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans, emphasizing the impact of social interaction across the lifespan.