Define the Self-Determination Theory and Explain the Three Innate Needs

question 100

Essay

Define the self-determination theory and explain the three innate needs that influence behavior and well-being.

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Definitions:

Tax-Free

Income or financial transactions that are exempt from taxation by the government.

Contract Holder

An individual or entity that owns an agreement or policy, particularly in contexts like insurance or investments.

AGI

Adjusted Gross Income, which is total income minus specific deductions, serving as a determinant for various tax credits and deductions.

Pension Plan

A type of retirement plan that typically provides retirees with a fixed payout upon retirement, funded by employer, employee contributions, or both during their employment years.