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In: Economics

ILLUSTRATE THE MASLOW'S HIERARCHY OF NEEDS AND DISCUSS BRIEFLY WITH EXAMPLES.

ILLUSTRATE THE MASLOW'S HIERARCHY OF NEEDS AND DISCUSS BRIEFLY WITH EXAMPLES.

Solutions

Expert Solution

Answer-The Maslow's hierarchy of needs-

1. Physiological Needs-Physiological means the physical health of the human being for the human survival.

Example-It includes air, food, water, clothing.

2. Safety and Security need-Safety needs means the guidelines and precautions for the safety and security of the human beings as well as employees of the organization.

Example-Security , order law, stability.

3.Love and belonging need -This is very important for social needs which involves the desire of interpersonal relationships.

Example-Friendship , trust , acceptance.

4. Esteem Needs-It refers to the need for respect, self-esteem, and self-confidence for the humans.

Example-Respect of the employees organization.

5.Self Actualization need- Self Actualization means self-actualized people are those who are fulfilled and doing all they are capable of.

Example-Personal potential, personal growth, etc.


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