Examlex
The humanistic notion that people are motivated to preserve their self-concept by maintaining self-consistency and congruence is known as self-enhancement.
Economic Principle
A widely accepted generalization about the economic behavior of individuals or institutions.
Cause and Effect
A relationship between events where one or more are the result of the other(s), a fundamental concept in establishing correlations in various fields.
Rational Self-interest
The principle that individuals tend to make decisions that result in the most personal benefit.
Satisfying Wants
Fulfilling the desires or needs of consumers, often a goal for businesses to meet through the production of goods and services.
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