Which Theory Has Its Roots in the Philosophical Idea That

question 126

Multiple Choice

Which theory has its roots in the philosophical idea that people are constantly evaluating and giving meaning to their existence through their actions?

• A) Humanistic
• B) Existential
• C) Cognitive
• D) Behavioral

---

Definitions:

Private Producer

An individual or company that produces goods or services in a market economy without direct government intervention.

Market Economy

An economic system where prices and production are determined by unrestricted competition between privately owned businesses.

Market Economies

Economic systems in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.

Government Involvement

The participation or intervention of governmental bodies in certain areas of the economy, typically to correct market failures or to achieve certain social goals.