Types of Values:
- Moral: What is right or wrong; thoughts or codes by which to live.
- Aesthetics: Values that reflect your feelings about what has beauty in nature and life. They reveal appreciation for the way things look, sound, feel, taste, and smell.
- Material: Values that reflect the possessions we own; the things on which we spend our money.
- Intrinsic: Values for things that have value to us in their own right; the end and not the means to an end. Ex: antique car
- Extrinsic: Values that are important because they help us gain other values or desired results.
- Universal: Values to which most people agree on. Ex: respect, equality
- Group Specific Values: Differ from state to state or region to region. Ex: US value time-in hurry; Europeans value people-take time to talk
Values, Needs and Wants vocab:
- Decision Making: The process of considering and analyzing information in order to make a choice.
- Peer Pressure: The strong influence of a group on members of that group to behave as everyone else does.
- Life Style: The way a person chooses to spend his or her time and money.
- Scarcity: When somethings is not eat to find or obtain.
- Need: The essentials or basics of life.
- Want: Item, activities, or services that increase the quality of life.
- Opportunity Cost: The value of what is given when a person chooses one option over the other.
- Advertising: To make somethings known generally or in public, especially in order to sell it.
- Sales Strategies: A way of talking that is intended to persuade people to buy something.
- Impulse Buying: Purchasing items on the spur of the moment.
- Delayed Payment: To make a payment at a late time than originally planned.
Other Information for Values, Needs, and Wants: http://cte.sfasu.edu/wp-content/uploads/2013/03/Presentation-Notes-Needs-Wants-Values-and-Goals.pdf
Exploring Values, Needs, and Wants.pdf | |
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Shelbi's Decisions | |
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