Examlex

Solved

Happyland Is a Country Devoted to Consumption

question 78

Essay

Happyland is a country devoted to consumption. The inhabitants spend all of their income on pleasurable things and virtually none on capital investment, human or otherwise. Seriousland is frugal, spending very little on consumption and a great deal on human and physical capital. Ten years from now, which country would you prefer to inhabit?


Definitions:

Aroused

A state of being alert, awake, or stimulated, often in a physical or emotional sense.

Drive Theory

A theory in psychology that posits behavior is motivated by drives that are internal tensions or needs that seek resolution.

Motivation

Describes the forces, either intrinsic or extrinsic, that direct and energize an individual's behavior, thoughts, and persistence in pursuing goals.

Stimulus Drive

A concept in psychology that discusses how external stimuli can motivate behavior by activating drives or needs.

Related Questions