ECONOMICS

Detailed explanation-1: -At the fourth level in Maslow’s hierarchy is the need for appreciation and respect. Once the needs at the bottom three levels have been satisfied, the esteem needs begin to play a more prominent role in motivating behavior.

Detailed explanation-2: -2 years ago | 7 min read. Esteem needs encompass confidence, strength, self-belief, personal and social acceptance, and respect from others. These needs are represented as one of the key stages in achieving contentedness or self-actualization.

Detailed explanation-3: -Maslow believed that healthy esteem is based on higher-level needs of self-respect and competence. Higher-level esteem needs are based on self-praise, or internal feelings of accomplishment, while lower-level needs are based on praise from others, or external feelings of accomplishment.