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Hierarchy of Needs & Consumer Behavior

ted States and other economies (International Monetary Fund, 2004). In the United States and other economies with similar economic policies governments push individuals and households to consume in the hopes that the weakness of the economic model will be masked by consumer (debt and consumption) driven growth.

McCreery (2000) pointed out that consumption behavior in Japan differs in several respects from that in the United States. Within the context of this finding, an important issue concerns whether such variations indicate that Maslow's (1954) model may be culture-specific.

It is the contention of this writer that such variations do not of necessity indicate that the motivations to act amon

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Hierarchy of Needs & Consumer Behavior. (1969, December 31). In LotsofEssays.com. Retrieved 13:53, April 26, 2024, from https://www.lotsofessays.com/viewpaper/1694929.html