The Tools, Instruments, Machines, and Buildings That People Use to Produce

question 222

True/False

The tools, instruments, machines, and buildings that people use to produce goods and services are called human capital.

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Definitions:

Id

A reservoir of unconscious psychic energy that, according to Freud, strives to satisfy basic sexual and aggressive drives. The id operates on the pleasure principle, demanding immediate gratification.

Personality

An individual's characteristic pattern of thinking, feeling, and acting, which makes them unique.

Ego

Ego, in Freudian psychology, is the component of the personality that is conscious, regulates behavior, and mediates between individual desires and the demands of reality.

Impulse

A sudden, involuntary urge to perform an action, often without premeditation.