The Basic Premise of Maslow's Hierarchy of Needs Theory Is

question 34

Multiple Choice

The basic premise of Maslow's hierarchy of needs theory is that people will pursue their highest potential when

• A) circumstances force them to do it.
• B) they model the behavior of other successful people.
• C) they can acknowledge all their psychological faults.
• D) their basic needs are met.

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Definitions:

Interest Rate

The requisition, as a percentage of the principal, placed by lenders on borrowers for asset use.

Macroeconomics

The study of economy-wide phenomena, including inflation, unemployment, and economic growth.

Consumption

The use of goods and services by households for personal needs or the process of using up resources or goods, leading to a decrease in their availability.

Investment Incentives

Investment incentives are benefits or policies designed to encourage businesses or individuals to invest in certain areas or sectors.