Demands Are Human Wants That Are Backed Up by Buying

question 54

True/False

Demands are human wants that are backed up by buying power.

---

Definitions:

Prototype

An original model or first form of something from which later versions are developed or copied.

Higher-order Conditioning

A learning process in which a conditioned stimulus is paired with a new neutral stimulus, creating a second (often weaker) conditioned stimulus.

Secondary Reinforcers

Stimuli that have become reinforcing through association with primary reinforcers; they do not satisfy biological needs but often hold value, such as money or praise.

Concepts

General ideas or understandings that can be used to group together objects, events, qualities, or abstractions that are similar in some way.