Economic Resources Are

question 183

Multiple Choice

Economic resources are

• A) all the items that people would purchase if they had limited wants.
• B) all the unlimited items that people would purchase with limited income.
• C) items of value that are used to make other things that satisfy people's wants.
• D) the total planned expenditures throughout the nation.

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Definitions:

Walter Mischel

A psychologist known for his work on personality theory and cognitive-affective models, including the concept of self-control as demonstrated in the Marshmallow Test.

Sigmund Freud

An Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Situationism

A theory in psychology that suggests human behavior is largely determined by situational factors, rather than internal traits.

Personality Traits

Enduring characteristics that describe an individual's behavior.