MODULE 9: The Economic and Material Self: Living in a Material World

Question 1

Material Self is the __________

Answer 1

Extension of our physical self because the possession that we have is considered as an external representation of who we are.

Question 2

Material possessions can function as __________

Answer 2

Tangible representations of our identity and personality.

Question 3

The Diderot Effect describes a situation where acquiring a new possession leads to __________

Answer 3

A desire to purchase additional related items and getting something new makes you want to buy more things.

Question 4

Needs are __________

Answer 4

Essential for survival

Question 5

Wants are primarily driven by ________, ______, or _______

Answer 5

Desires for comfort, pleasure, or social status.

Question 6

Being a responsible consumer means ___________

Answer 6

Distinguishing between needs and wants, and budgeting accordingly.