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Wants
The idea of want can be examined from many perspectives. In secular societies want might be considered similar to the emotion desire, which can be studied scientifically through the disciplines of psychology or sociology. Alternatively want can be studied in a non-secular, spiritual, moralistic or religious way, particularly by Buddhism but also Christianity, Islam and Judaism. In economics, a want is something that is desired. It is said that every person has unlimited wants, but limited resources (economics is based on the assumption that only limited resources are available to us). Thus, people cannot have everything they want and must look for the most affordable alternatives. Wants are often distinguished from needs. A need is something that is necessary for survival (such as food and shelter), whereas a want is simply something that a person would like to have. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Finance
Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events. When planning personal finances, the individual would take into account the suitability of various banking products ( checking accounts, savings accounts, credit cards, and loans), insurance products ( health insurance, disability insurance, life insurance, etc.), and investment products ( bonds, stocks, real estate, etc.), as well as participation in monitoring and management of credit scores, income taxes, retirement funds and pensions. History Before a specialty in personal finance was developed, various closely related disciplines, such as family economics and consumer economics, were taught in various colleges as part of home economics for over 100 years. In 1920, Hazel Kyrk's dissertation at the University of Chicago was inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Desire
Desires are states of mind that are expressed by terms like "wanting", "wishing", "longing" or "craving". A great variety of features is commonly associated with desires. They are seen as propositional attitudes towards conceivable states of affairs. They aim to change the world by representing how the world should be, unlike beliefs, which aim to represent how the world actually is. Desires are closely related to Action (philosophy), agency: they motivation, motivate the agent to realize them. For this to be possible, a desire has to be combined with a belief about which action would realize it. Desires present their objects in a favorable light, as something that appears to be good. Their fulfillment is normally experienced as pleasure, pleasurable in contrast to the negative experience of failing to do so. Conscious desires are usually accompanied by some form of emotional response. While many researchers roughly agree on these general features, there is significant disagreement ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companionship
In social psychology, an interpersonal relation (or interpersonal relationship) describes a social association, connection, or affiliation between two or more people. It overlaps significantly with the concept of social relations, which are the fundamental unit of analysis within the social sciences. Relations vary in degrees of intimacy, self-disclosure, duration, reciprocity, and power distribution. The main themes or trends of the interpersonal relations are: family, kinship, friendship, love, marriage, business, employment, clubs, neighborhoods, ethical values, support and solidarity. Interpersonal relations may be regulated by law, custom, or mutual agreement, and form the basis of social groups and societies. They appear when people communicate or act with each other within specific social contexts, and they thrive on equitable and reciprocal compromises. Interdisciplinary analysis of relationships draws heavily upon the other social sciences, including, but not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wish
A wish is a hope or desire for something. In fiction, wishes can be used as plot devices. In folklore, opportunities for "making a wish" or for wishes to "come true" or "be granted" are themes that are sometimes used. Sociology Several cultures engage in customs that entail wish-granting, such as blowing out the candles on a birthday cake, praying, seeing a shooting star at night, tossing a coin into a wishing well or fountain, breaking the wishbone of a cooked turkey, blowing a dandelion, or writing wishes on a ribbon or a sky lantern. Many believe such wishes can only come true if they are kept a secret from other people. Others, on the other hand, believe that wishes come true only if they are told to someone else. Religion In Christianity, especially among Roman Catholic, Lutheran and Anglican denominations, believers pray novenas to request a favour they wish to obtain. Within Hinduism, Buddhism and Jainism, the Kalpavriksha trees were believed to have once held ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coincidence Of Wants
The coincidence of wants (often known as double coincidence of wants) is an economic phenomenon where two parties each hold an item that the other wants, so they exchange these items directly. Within economics, this has often been presented as the foundation of a bartering economy. In principle, double coincidence of wants would mean that both parties must agree to sell and buy each product. Under this system, problems arise through the improbability of the wants, needs, or events that cause or motivate a transaction occurring at the same time and the same place. One example is the bar musician who is "paid" with liquor or food, items which his landlord will not accept as rent payment, when the musician would rather have a month's shelter. If, instead, the musician's landlord were to throw a party and desire music for it, hiring the musician to play it by offering the month's rent in exchange, a coincidence of wants would exist. In-kind transactions have several limitations ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Consumption (economics)
Consumption refers to the use of resources to fulfill present needs and desires. It is seen in contrast to investing, which is spending for acquisition of ''future'' income. Consumption is a major concept in economics and is also studied in many other social sciences. Different schools of economists define consumption differently. According to mainstream economics, mainstream economists, only the final purchase of newly produced Good (economics), goods and Service (economics), services by individuals for immediate use constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories (see consumer choice). Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g., the selection, adoption, use, disposal and recycling of goods and services). E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Production (economics)
Production is the process of combining various inputs, both material (such as metal, wood, glass, or plastics) and immaterial (such as plans, or knowledge) in order to create output. Ideally this output (economics), output will be a goods and services, good or service which has value (economics), value and contributes to the utility (economics), utility of individuals. The area of economics that focuses on production is called production theory, and it is closely related to the consumption (or consumer) theory of economics. The production process and output directly result from productively utilising the original inputs (or factors of production). Known as primary producer goods or services, land, labour, and capital are deemed the three fundamental factors of production. These primary inputs are not significantly altered in the output process, nor do they become a whole component in the product. Under classical economics, materials and energy are categorised as secondary factors a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protestant Work Ethic
The Protestant work ethic, also known as the Calvinist work ethic or the Puritan work ethic, is a work ethic concept in sociology, economics, and history. It emphasizes that a person's subscription to the values espoused by the Protestantism, Protestant faith, particularly Calvinism, result in diligence, discipline, and frugality. The phrase was initially coined in 1905 by sociologist Max Weber in his book ''The Protestant Ethic and the Spirit of Capitalism''. Weber asserted that Protestant ethics and values, along with the Calvinist doctrines of asceticism and predestination, enabled the rise and spread of capitalism. Just as priests and caring professionals are deemed to have a vocation (or "calling" from God) for their work, according to the Protestant work ethic the "lowly" workman also has a noble vocation which he can fulfill through dedication to his work. Weber's book is one of the most influential and cited in sociology, although the thesis presented has been controvers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protestantism
Protestantism is a branch of Christianity that emphasizes Justification (theology), justification of sinners Sola fide, through faith alone, the teaching that Salvation in Christianity, salvation comes by unmerited Grace in Christianity, divine grace, the priesthood of all believers, and the Bible as the sole infallible source of authority for Christian faith and practice. The five solae, five ''solae'' summarize the basic theological beliefs of mainstream Protestantism. Protestants follow the theological tenets of the Reformation, Protestant Reformation, a movement that began in the 16th century with the goal of reforming the Catholic Church from perceived Criticism of the Catholic Church, errors, abuses, and discrepancies. The Reformation began in the Holy Roman Empire in 1517, when Martin Luther published his ''Ninety-five Theses'' as a reaction against abuses in the sale of indulgences by the Catholic Church, which purported to offer the remission of the Purgatory, temporal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buddhist Economics
Buddhist economics is a spiritual and philosophical approach to the study of economics. It examines the psychology of the human mind and the emotions that direct economic activity, in particular concepts such as anxiety, aspirations and self-actualization principles. In the view of its proponents, Buddhist economics aims to clear the confusion about what is harmful and what is beneficial in the range of human activities involving the production and consumption of goods and services, ultimately trying to make human beings ethically mature. The ideology's stated purpose is to "find a middle way between a purely mundane society and an immobile, conventional society." The most fundamental feature of Buddhist economics is seeing "people interdependent with one another and with Nature." Sri Lankan economist Neville Karunatilake wrote that: "A Buddhist economic system has its foundations in the development of a co-operative and harmonious effort in group living. Selfishness and ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-consumerism
Anti-consumerism is a sociopolitical ideology. It has been described as "''intentionally'' and ''meaningfully'' excluding or cutting goods from one's consumption routine or reusing once-acquired goods with the goal of avoiding consumption". The ideology is opposed to consumerism, being a social and economic order in which the aspirations of many individuals include the acquisition of goods and services beyond those necessary for survival or traditional displays of status. Anti-consumerism is concerned with the actions of individuals, as well as businesses where they act in pursuit of financial and economic goals at the expense of the perceived public good. Commonly, anti-consumerism is connected with concern for environmental protection, anti-globalization, and animal-rights. '' Post-consumerism'', the prioritization of well-being over material prosperity, is a related ideology. Background Anti-consumerism originated from criticism of consumption, arguably starting with Thors ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Four Noble Truths
In Buddhism, the Four Noble Truths (; ; "The Four Arya (Buddhism), arya satya") are "the truths of the noble one (the Buddha)," a statement of how things really are (Three marks of existence, the three marks of existence) when they are seen correctly (Noble Eightfold Path#Right view, right view). The four truths are * ''dukkha'' (not being at ease, 'suffering', from ''dush-stha'', standing unstable). ''Dukkha'' is an innate characteristic of samsara, transient existence;Four Noble Truths: BUDDHIST PHILOSOPHY Encyclopaedia Britannica, Quote: "The first truth, suffering (Pali: dukkha; Sanskrit: duhkha), is characteristic of existence in the realm of rebirth, called samsara ()." nothing is forever, this is painful; * ''samudaya'' (origin, arising, combination; 'cause'): together with this tran ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
