The Two Types of Need for Power in Learned Needs

question 7

Multiple Choice

The two types of need for power in learned needs theory are:

• A)personalized and socialized.
• B)individual and team.
• C)corporate and political.
• D)high and low.
• E)monetary and non-monetary.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good buyers are willing to purchase at different prices.

Labor

The effort exerted by humans to produce goods and services in the economy.

Payroll Tax

Levies placed on both employers and employees, computed based on a fraction of the wages that employers distribute to their workforce.

Income Levels

The categories of earnings that individuals or households fall into, typically used to analyze economic and demographic data.