ECONOMICS (CBSE/UGC NET)

ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Values are ____
A
the way a person thinks, feels, and acts.
B
beliefs or things you find important
C
the same for everyone
D
the result of a decision
Explanation: 

Detailed explanation-1: -The most basic definition of values is that they are a set of beliefs or opinions that influence how you live your life. They are ideas that are important to you personally characterize who you are as an individual. Values play an important role in shaping how you respond to situations and how you set goals.

Detailed explanation-2: -Beliefs are our assumptions about the world. Values are how we attribute worth to objects and behaviors. Beliefs stem from our life experiences, spiritual learnings, and culture. Our beliefs heavily influence our values.

Detailed explanation-3: -Values are individual beliefs that motivate people to act one way or another. They serve as a guide for human behavior. Generally, people are predisposed to adopt the values that they are raised with. People also tend to believe that those values are “right” because they are the values of their particular culture.

Detailed explanation-4: -Your values are the things that you believe are important in the way you live and work. They (should) determine your priorities, and, deep down, they’re probably the measures you use to tell if your life is turning out the way you want it to.

Detailed explanation-5: -Family. Freedom. Security. Loyalty. Intelligence. Connection. Creativity. Humanity. More items •29-Jan-2020

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