Implicit in Capitalism Is the View That Human Beings Aim

question 16

True/False

Implicit in capitalism is the view that human beings aim to maximize their economic self-interest.

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Definitions:

External Events

Occurrences happening outside of an individual that can affect mood, behavior, and perceptions.

Internal Factors

Influences that originate within a person, such as beliefs, values, and personal drive.

Generalized Expectancies

Beliefs or assumptions about how general traits or behaviors are likely to be rewarded or punished in various situations.

Reinforcement Value

The degree to which the outcome of a behavior increases the likelihood of the behavior's recurrence.