Abraham Lincoln Once Stated, "You Cannot Help the Poor by Destroying

question 156

Multiple Choice

Abraham Lincoln once stated, "You cannot help the poor by destroying the rich. You cannot lift the wage earner by pulling down the wage payer." This quote is most consistent with what type of economic philosophy?

• A) capitalist economy
• B) communist economy
• C) socialist economy
• D) planned economy

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Definitions:

Holistic-Dynamic Theory

A psychological perspective that considers an individual as a whole, integrating motivational, emotional, and cognitive components.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, structured as a pyramid with basic needs at the base and self-actualization at the top, illustrating human motivational drivers.

Safety Needs

As part of Maslow's hierarchy of needs, these are fundamental requirements for security and protection from physical and emotional harm.

Basic Trust

A term often associated with Erik Erikson's stages of psychosocial development, referring to the first stage where an infant's sense of security and trust in the world is developed.