-Education is a good example of a positive externality because the benefits of an education accrue not only to the individual, but also to society as a whole.
Definitions:
Self-Transcendence
The process of surpassing one’s own self-interests, limitations, and focusing on higher goals and the well-being of others.
Self-Actualization
Fulfilling or realizing one's natural talents and capacities, believed to be a basic impulse or prerequisite in humans.
Self-Esteem
A person's personal assessment of their own value, which includes thoughts and feelings about themselves.
Affiliation Motivation
The drive to relate to people on a social basis, to belong.
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