Freud and Erikson Are Both Psychoanalysts, Although Their Theories Differ

question 41

Essay

Freud and Erikson are both psychoanalysts, although their theories differ. On what points do they agree? How is Erikson's theory different from Freud's?

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Definitions:

Economic Behaviorists

Economic Behaviorists study how psychological, social, cognitive, and emotional factors affect economic decisions of individuals and institutions, and the consequences these decisions have on market prices, returns, and the allocation of resources.

Rational Behavior

Rational behavior refers to the decision-making process that involves choosing the most efficient means to achieve a desired result.

Economic Self-interest

The driving force behind the actions of individuals that encourages them to fulfill their needs and desires.

Crude Quantity Theory

A basic economic theory suggesting that the amount of money in supply directly affects the price level and inflation in an economy.