Trickle-Down Effect

  

Categories: Econ

See: Reaganomics.

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Econ: What is Maslow's Hierarchy of Want...3 Views

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and finance Allah shmoop What is Maslow's hierarchy of wants

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and needs Perhaps no other psychological theory has affected the

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public mind as muchas Maslow's hierarchy of wants and needs

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Seriously though Abraham Maslow came up with this theory in

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the nineteen forties away to organize ideas about how humans

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are motivated in the field of developmental psychology with what

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makes them tick What makes them want Maazel's hierarchy of

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wants and needs been used in psychology sociology and management

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providing kind of a framework for this old people taking

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things Usually Maslow's hierarchy of needs is shown in a

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pyramid shaped image with the basic needs of the bottom

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and higher level Motivating factors up here at the top

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of the pyramid shape isn't like ours Food pyramid reflecting

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the amounts of things we need you know to survive

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Instead think of Maslow's hierarchy of needs as a pyramid

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that's meant to be climbed Maslow's original theory was that

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a person must be satisfied with the factors at one

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level within themselves before they could be motivated by factors

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at the next level Well Mohr modern interpretations show the

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five levels as overlapping their blurred implying that lower levels

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might be prioritized again down the road even if someone

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is you know higher up on the pyramid in general

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we're going to talk about Bob's journey here through Maslow's

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theories Bob could be you your mom your friend or

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that stranger you just passed on the street Yeah deep

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inside everyone is Bob the base of the pyramid We've

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got physiological needs which includes things like food water rest

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shelter and the ability to you know live in the

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environment in general Well here The idea is that it's

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hard to motivate Bob with something like prestige when he's

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too busy trying to meet basic physiological needs so that

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he can you know just stay alive Bob's got bigger

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things to worry about right now If he's homeless food

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lists and you know pantless alright well once Bob's got

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the basics of staying alive down he can move up

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to the safety motivation level up here which says that

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Bob can then be motivated by things that give him

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security like think physical safety financial security health You know

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those things make sense that once Bob's got his food

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water in things that he needs to live seek out

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security so that he can keep those things under lock

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and key and you know keep on keeping on basic

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mortality avoidance At this point Bob's Fed rested and not

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stressing out so much because survival instincts took a chill

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pill thanks to his safety measures Good job you know

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a place to live maybe wearing a bike helmet Occasionally

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you go bob pants Don't forget the pain's bob Finally

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Hopkins start looking outward into the world The third level

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of hierarchy here It's love and belonging right The human

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needs for closeness with one another In other words nothing

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will motivate Bob more at this point than making friends

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taking the singles bar by storm pay Well Bob made

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friends at work and managed to snag a girlfriend Honestly

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Nice Bob Bob's now capable of being motivated by things

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that level for his self esteem Bob will be motivated

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by things that give him confidence in a sense of

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accomplishment Well for Bob maybe a nice car makes him

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feel confident Or maybe Bob doesn't care for a nice

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car but he's really into his career working his way

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up the quote prestigious unquote corporate ladder Whatever Bob's values

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are well he can be motivated by things that can

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fulfill them making him feel Fly fly Bob Fly right

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Well now that Bob's taking care of his basic needs

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in his physiological needs well he has time to fight

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focus on himself again But in a you know higher

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way Well at the top of the Pyramid the big

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boss of the video game that is Bob's Life Well

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we've got self actualization right there Self actualization is when

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Bob feels his utmost potential If Bob's motivated at this

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level while that means Bob wants to be the best

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Bob he can be well for Bob This might have

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to do with fulfilling creative passions using his talent finding

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a you know life partner and raising Tiny Bob Yeah

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that'LL do it After publishing his theory Mass Low later

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criticized his own initial description of self actualization And while

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he changed it to be more like becoming enlightened or

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something like that would mean that Bob things about meaning

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of life things about spirituality morality the universe and seize

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prejudice for what it is a fear based ego boosting

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mean girl thing Bob becomes a true wiseguy Astle's hierarchy

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of wants and needs does have its fair share of

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critics It's not accepted by everyone Some believe that people

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can be motivated by needs and wants higher up on

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the pyramid even if they haven't satisfied all the ones

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on the bottom first Others have pointed out mass low

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on ly studied healthy specimens not the population at large

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So there could be some bias there some bargain The

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Massa lt's hierarchy only works for people in individualistic societies

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and not so much for people in collectivist societies Help

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priorities and values are different Plus these needs might also

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be a different depending on Bob's age Right The final

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kicker maybe Massa lt's pyramid isn't really human Needs can

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be applied to most animals in general Massell insisted that

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this motivation theory needed to be people center cannot animal

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centric He was a man of his time Today we

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know more than ever before about how the other species

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live and communicate The more we learn the more mass

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ALS hierarchy of wants and needs seems to apply to

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them just as much as it does for us especially

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for the first four five levels So could mass low

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have come up with a better theory Well yeah Maybe

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he could have if he'd been more motivated The sweet 00:05:40.087 --> [endTime] sweet irony Oh no

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