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Maslow Admitted His Theory Was Not Highly Scientific,but He Argued

question 62

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Maslow admitted his theory was not highly scientific,but he argued that


Definitions:

Demographic Group

A segment of the population defined by certain characteristics such as age, race, gender, or income, used in statistical analysis and marketing.

Economic Life Cycle

The different stages an individual goes through from dependence to independence, potentially to wealth accumulation, and finally to retirement and dependence once more, in terms of earning and spending.

Savings Rates

The portion of disposable income that individuals, businesses, or economies save rather than spend on consumption, usually expressed as a percentage.

Permanent Income

A person’s normal income.

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