<span>The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.</span>
Answer:
B. Higher-order needs are influenced by personal and social influences.
Explanation:
Maslow's hierarchy of needs is a theory developed by Abraham Maslow (1908-1970) in 1943, and it is a theory of human developmental psychology. He made a classification system which reflected the universal needs of an individuals. There is a pattern through which human motivation behaves and, in order to get to the actualize a higher need, first the lower, more existential needs need to be fulfilled. Or in other words, individuals must be satisfied with themselves. According to Maslow, higher-order needs are not universal and may differ across various cultures due to individual differences and availability of resources in that geographical area.
Answer:
Devolution
Explanation:
Devolution refers to the shifting of statutory power from the central government to the local government. The purpose behind shifting the power and funding is to make ensure that the welfare program must be done close to the people who are going to get benefit from it. The main function behind the devolution is to exercise the democratic style of leadership and to give authority to people for self-governance
