What Is One of the Criticisms of Abraham Maslow's Hierarchy

question 24

Multiple Choice

What is one of the criticisms of Abraham Maslow's hierarchy of needs?

• A)The highest level has never been attained.
• B)Self-actualization is actually a biological drive.
• C)The hierarchy does not have any focus on social needs.
• D)Some people who struggle with lower needs may still satisfy higher needs.

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Definitions:

Expected Income

The amount of money an individual anticipates earning over a specified future period, often based on current income and future prospects.

Expected Value

Probability-weighted average of the payoffs associated with all possible outcomes.

Expected Returns

The average return an investor anticipates receiving from an investment, taking into account the probability of different outcomes.

Probability

A measure of the likelihood that an event will occur, often expressed as a number between 0 and 1, where 0 means impossibility and 1 indicates certainty.