Maslow's Hierarchy of Needs Arranges Those Needs in Which of the Following

question 22

Multiple Choice

Maslow's hierarchy of needs arranges those needs in which of the following orders?

• A) safety, physiological, social, esteem, and self-actualization
• B) physiological, safety, social, esteem, and self-actualization
• C) physiological, social, safety, esteem, and self-actualization
• D) safety, physiological, esteem, social, and self-actualization
• E) physiological, esteem, safety, social, and self-actualization

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Definitions:

Net Social Gain

The overall benefit to society from an economic transaction, after subtracting costs.

Barriers To Entry

Factors that make it difficult for new competitors to enter a market.

Net Social Cost

The total monetary cost of the negative externalities produced by an activity or production, minus any benefits.

Rent-Seeking Behavior

Activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulation or exploitation of the economic environment.