According to McClelland,the Extent to Which a Person Has a Strong

question 91

Multiple Choice

According to McClelland,the extent to which a person has a strong desire to control and to influence others is known as:

• A)The need for affiliation
• B)The need for self-esteem
• C)The need for power
• D)The need for conscientiousness
• E)The need for achievement

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Definitions:

Economies

The system by which goods and services are produced, distributed, and consumed within a particular area or community.

Basic Types

Basic Types refer to fundamental categories or classifications used in various contexts, such as programming, economic goods, and more, depending on the specific field of study.

Externality

An economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume.

Invisible Hand

A term coined by economist Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society at large.