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When a highway is congested, giving rise to negative externalities, it is appropriate to view the highway as a common resource.
Lower Needs
In Maslow's hierarchy, these are the basic physiological and safety needs that must be met before higher-level needs can be addressed.
Deficiency Needs
Refers to the basic requirements for physical and psychological well-being, which must be met before individuals can focus on higher-level needs like self-actualization.
Crisis
To Erikson, the turning point faced at each developmental stage.
Cognitive Needs
Innate needs to know and to understand.
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