List the Primary Needs Displayed in Maslow's Hierarchy of Needs

question 46

Essay

List the primary needs displayed in Maslow's hierarchy of needs. Give an example of a product that fits each need form.

---

Definitions:

Economic Efficiency

Maximization of aggregate consumer and producer surplus.

Government Intervention

Actions undertaken by a government to influence or directly manage the economy, which can include regulations, subsidies, tariffs, and public services.

Redemption Program

A redemption program is a scheme where points, coupons, or other types of credit are exchanged for goods, services, or a monetary reward.

Unredeemed Containers

Items such as bottles or cans that are not returned for a deposit, often creating recycling or waste management challenges.