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What are the three motives for holding money according to Keynes' theory of money demand?
1.Transaction motives: To make payments or purchases 2.Precautionary motives: To meet unforseen contingencies 3.Speculative motives: It being the safest asset in wealth portfolio. Other assests possess uncertainty and no liquidity.
What are the motives of business?
The motives of business are to make a good product and produce a lot of it. This will then make money for the business, which is another motive. Businesses also keep people employed, which will then be good for the economy.
What is meant by business and what are its different motives?
Business refers to the organized effort of individuals to produce goods or provide services for profit. Its primary motives include profit generation, which drives sustainability and growth, as well as fulfilling customer needs and enhancing societal welfare. Additionally, businesses may pursue motives like market expansion, innovation, and ethical practices to build reputation and stakeholder loyalty. Ultimately, the interplay of these motives shapes a business's strategy and impact on the economy.
What is labor in economics?
Labor is work done for wages. Labor Economics is the study of the economics surrounding labor. Researchers may study what choices affect the decisions concerning labor.
What is the elasticity of labor?
The rate at which any change in labor effects demand of labor or supply.
What is the chief motives of labor?
Production, resulting in wages and, in turn, food.
What is the classification of motives by hilgard?
Hilgard categorized motives into survival motives, social motives, and ego-integrated motives.
What are the three types of motives?
The three types of motives are biological motives, social motives, and personal motives. Biological motives are driven by physiological needs such as hunger and thirst. Social motives are influenced by interpersonal interactions and relationships. Personal motives are driven by individual desires and goals.
What is physiological motives?
Physiological motives include- Hunger Aggression Sex Social motives
What are motives and explain different types of motives?
Motives are internal factors that drive a person to behave in a particular way. Some common types of motives include biological motives (such as hunger and thirst), social motives (such as the need for affiliation and achievement), and emotional motives (such as the desire for love and acceptance). These motives can interact and influence behavior in various ways.
What are types of motives?
The motives which areunlearned but notphysiologically based are called The motives which areunlearned but notphysiologically based are called The motives which areunlearned but notphysiologically based are called
Ambition is the lever of all motives?
all motives
What are secondary motives?
Secondary motives are based on learned needs, drives and fears. They're motives we learned to need.
What was the major reason the city of adulis attracted forigners?
Economic motives, political motives, and religious motives. From Zook.
What are alterior motives?
Ulterior motives are hidden or undisclosed reasons for someone's actions or behavior that are different from the reasons they claim. These motives are typically self-serving and may not align with the overt intentions being expressed.
What do you mean by biogenic motives?
Biogenic motives refer to basic physiological needs related to survival, such as hunger, thirst, and sleep. These motives are innate and essential for survival and are driven by biological processes in the body. Biogenic motives are distinct from psychogenic motives, which are driven by psychological needs and desires.
What are the classifications of motives?
Motives can be good or bad, open or ulterior, simple or complex, strong or weak, sane or insane.
