Maslow Called the Needs People Have for Security at Work

question 306

Multiple Choice

Maslow called the needs people have for security at work and at home

• A) physiological needs.
• B) stability needs.
• C) insurance needs.
• D) safety needs.

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Definitions:

Recession

Cyclical economic contraction that lasts for six months or longer.

Deregulation

Regulatory trend toward elimination of legal restraints on competition in industries previously served by a single firm in an attempt to improve customer service and lower prices through increased competition.

Regulated Monopolies

Monopolies that are allowed to exist by the government but with restricted and controlled powers to prevent unfair practices.

Cyclically Unemployed

Individuals who are without jobs due to the downturns in the business cycle, rather than through personal choice, often temporary and affected by economic recessions.