What's it: Maslow's hierarchy of needs is a theory to show how our needs vary and have levels, from the most basic to the least important.
Needs
Herzberg’s Theory of Motivation: Examples and Explanations
What's it: Herzberg's theory of motivation outlines two important factors for satisfying and motivating us. First, we have basic needs, and when
McClelland’s Theory of Needs: Types and How to Satisfy
What's it: McClelland's theory of needs explains how the needs for achievement, affiliation, and power influence individual actions. These three
Taylor’s Theory of Motivation: How it Works, Principles and Criticism
What's it: Taylor's motivation theory underscores money as the only way to motivate employees. The company is profit-oriented and seeks to
Economic Problems: 3 Basic Questions For An Economic System To Answer
What's it: Economic problems arise because we face scarcity. Our resources are limited to satisfy our unlimited wants and needs. Economics
Scarcity in Economics: Its Relation to Resources, Needs, and Wants
What's it: Scarcity is a finite state, so it cannot fulfill something. In the introduction to economics, scarcity represents a condition in