The Problems of Externalities Are Often Solved Through

question 175

Multiple Choice

The problems of externalities are often solved through:

• A)self-interest
• B)moral codes and social sanctions
• C)charity
• D)all of the above

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Definitions:

Content Theory

A theory that focuses on the specific factors that motivate an individual, examining what elements are involved in creating, sustaining, and directing behavior.

Need Theory

A motivational psychology theory that identifies certain needs as the primary drivers of human behavior.

Motivation Process

Involves the psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence in the face of obstacles.

Achieve Objectives

The process of successfully reaching goals or targets through planned strategies and actions.