Maslow's Hierarchy of Needs ________

question 99

Multiple Choice

Maslow's hierarchy of needs ________.

• A)suggests that love and friendship fulfil safety needs
• B)suggests that consumers start by first satisfying ego needs
• C)suggests a person cannot move to the next level until previous need levels are satisfied
• D)culminates in the need for belonging
• E)examines six levels of motivation

---

Definitions:

Specialize

The process by which individuals, firms, or countries concentrate their efforts on producing a limited variety of goods or services to gain efficiency and improve performance.

Domestic Surplus

The excess of a country's production over its domestic consumption, often leading to exports.

Domestic Shortage

A Domestic Shortage occurs when the quantity demanded of a good or service in a country exceeds the quantity supplied at the current market price, leading to scarcity.

World Price

The price at which goods are traded on the global market.