Economic self

Question 1

Material Self: bodies, clothes, immediate family, and
home

Answer 1

William James

Question 2

Immediate family

Answer 2

What they do or become affect us. We place a huge investment to our immediate
family when we see them as the nearest replica
of yourself.

Question 3

Home is where our heart is

Answer 3

the home is an extension of self
because in it we can directly connect
our self

Question 4

Homo Economicus, or ‘economic man’

Answer 4

The term homo economicus, or ‘economic man’, denotes a view of
humans in the social sciences, particularly economics, as self-interested
agents who seek optimal, utility-maximizing outcomes.

Question 5

ISSUES OF THE MATERIAL/ECONOMIC SELF

Answer 5

1.
Contentment
2.
Comparison
3.
Materialistic
4.
“I am less”
5.
“I don’t have what they have”

Question 6

Having investment of self to things,
made us attached to those things.

Answer 6

The more investment of self is given to
the particular thing, the more we
identify ourselves to it. We also have the
tendency to collect and possess
properties