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Questions and Answers
Which of the following is NOT a component of the material self as defined by William James?
Which of the following is NOT a component of the material self as defined by William James?
- Reputation and work
- Clothes
- Dreams (correct)
- House
What is meant by the statement 'we are what we have' in relation to the material self?
What is meant by the statement 'we are what we have' in relation to the material self?
- Our possessions have no impact on our identity.
- Our identity is shaped solely by our possessions.
- Possessions contribute to our self-identity by holding meaning. (correct)
- Only monetary wealth defines our material self.
In the context of material possessions, what distinguishes needs from wants?
In the context of material possessions, what distinguishes needs from wants?
- Wants are more critical than needs in personal development.
- Needs are optional, whereas wants are mandatory.
- Needs are essential for survival, while wants are additional luxuries. (correct)
- Both needs and wants serve identical purposes.
Which of the following statements best describes economic self-sufficiency?
Which of the following statements best describes economic self-sufficiency?
How does consumerism differ from materialism?
How does consumerism differ from materialism?
Which of the following is a suggested way to become wise in spending money?
Which of the following is a suggested way to become wise in spending money?
What is a significant effect of material possessions in a person's life?
What is a significant effect of material possessions in a person's life?
Which of these best reflects the phrase 'I shop therefore I am'?
Which of these best reflects the phrase 'I shop therefore I am'?
Which of the following best describes the economic self?
Which of the following best describes the economic self?
Materialism and consumerism refer to the same concept.
Materialism and consumerism refer to the same concept.
What is the primary role of family in relation to self-identity?
What is the primary role of family in relation to self-identity?
____ and bank accounts are part of our material self, according to William James.
____ and bank accounts are part of our material self, according to William James.
Match the following components of the material self with their descriptions:
Match the following components of the material self with their descriptions:
Which of the following best describes needs?
Which of the following best describes needs?
The statement 'Consume less, live more' suggests a way to become wiser in spending money.
The statement 'Consume less, live more' suggests a way to become wiser in spending money.
How does utility differ from significance in relation to material possessions?
How does utility differ from significance in relation to material possessions?
Flashcards
Material Self
Material Self
The sum total of all things 'my' or 'mine', encompassing tangible objects, people, and places, according to William James.
Material Self Components
Material Self Components
The 'material self' includes: body, clothes, family, home, and possessions.
Needs vs. Wants
Needs vs. Wants
Needs are essential for survival, while wants are desires beyond basic necessities.
Utility vs. Significance
Utility vs. Significance
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Economic Self
Economic Self
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Economic Self-Sufficiency
Economic Self-Sufficiency
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Materialism
Materialism
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Consumerism
Consumerism
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What are the components of the Material Self?
What are the components of the Material Self?
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What is the difference between Needs and Wants?
What is the difference between Needs and Wants?
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What is Utility?
What is Utility?
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What is Significance?
What is Significance?
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What is the Economic Self?
What is the Economic Self?
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What is Economic Self-Sufficiency?
What is Economic Self-Sufficiency?
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What is Materialism?
What is Materialism?
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What is Consumerism?
What is Consumerism?
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Study Notes
Material and Economic Self
- Material self is defined as the sum total of everything a person considers their own, including body, psychic powers, possessions, and relationships.
- This includes tangible items, people, or places that belong to a person.
- Examples of possessions that constitute a person's material self: clothes, house, wife, children, friends, ancestors, reputation, work, land, and bank accounts.
Composition of the Material Self
- Innermost comprises the body; we are inextricably bound to our bodies.
- Clothing is a significant aspect of self-expression.
- Family influence shapes identity development.
- Home is the earliest environment forming selfhood.
Needs vs. Wants
- Needs are essential requirements for survival.
- Wants are desires beyond basic needs.
- Utility is the practical purpose of something, while significance is its meaning.
- Possessions can fulfill roles as status symbols.
Economic Self
- Consumerism is the process of purchasing goods and services.
- Economic self-sufficiency is the ability for individuals and families to maintain income sufficient for their needs.
- Materialism is the belief that matter is fundamental, including consciousness.
- Consumerism suggests that increasing consumption is beneficial.
Ways to Wisely Spend Money
- Exercise intellectual independence.
- Consume less, live more.
- Improve financial management.
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