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What Is One of the Foundational Insights of Social Comparison

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What is one of the foundational insights of social comparison theory?


Definitions:

Psychological Needs

Pertain to the personal gratification consumers associate with a product or service.

Functional Needs

Pertain to the performance of a product or service.

Esteem Needs

Needs that enable people to fulfill inner desires.

Maslow's Hierarchy

A psychological theory proposed by Abraham Maslow that categorizes human needs into a five-level hierarchy, from basic physiological needs to self-actualization.

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