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Maslow's hierarchy of needs is an idea in psychology proposed by American psychologist Abraham Maslow in his 1943 paper "A Theory of Human Motivation" in the journal Psychological Review. [1] The theory is a classification system intended to reflect the universal needs of society as its base, then proceeding to more acquired emotions. [ 18 ]
The top of Maslow’s Hierarchy — the ultimate condition of human opportunity — has to do with self-actualization. But first, humans must fulfill needs of esteem.
This is an accepted version of this page This is the latest accepted revision, reviewed on 7 January 2025. American psychologist (1908–1970) Abraham Maslow Born April 1, 1908 (1908-04) Brooklyn, New York City, U.S. Died June 8, 1970 (1970-06-08) (aged 62) Menlo Park, California, U.S. Education City College of New York Cornell University University of Wisconsin Known for Maslow's hierarchy of ...
According to Maslow, a human is motivated by the level they have not yet reached, and self-actualization cannot be met until each of the lower levels has been fulfilled. [4] Assumptions of Theory Y, in relation to Maslow's hierarchy put an emphasis on employee higher level needs, such as esteem needs and self-actualization.
Maslow's ideas surrounding the Hierarchy of Needs concern the responsibility of employers to provide a workplace environment that encourages and enables employees to fulfill their own unique potential (self-actualization). While Maslow referred to various additional aspects of motivation, he expressed the Hierarchy of Needs in these five clear ...
Maslow's hierarchy of needs is often visualized as a pyramid in which the more basic needs at the bottom form the foundation for higher needs. Maslow holds that humans have different kinds of needs and that those needs are responsible for motivation. According to him, they form a hierarchy of needs that is composed of lower and higher needs.
Maslowian portfolio theory (MaPT) creates a normative portfolio theory based on human needs as described by Abraham Maslow. [1] It is in general agreement with behavioral portfolio theory, and is explained in Maslowian Portfolio Theory: An alternative formulation of the Behavioural Portfolio Theory, [2] and was first observed in Behavioural Finance and Decision Making in Financial Markets.
Maslow postulated a hierarchy of human needs stretching from basic physical needs at the bottom to spiritual or transcendental needs at the top. [4] In Motivation and Personality, [1] Maslow argues that, in order for individuals to thrive and excel, a health-fostering culture must be created. [5]