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7/31/2019 Psychology Assgt.
http://slidepdf.com/reader/full/psychology-assgt 1/3
In economics, a good is something that is intended to satisfy some wants or needs of a consumer and thus
has economic utility. It is normally used in the plural form— goods —to denote tangible commodities such
as products and material.
In economics, utility is a representation of preferences over some set of goods and services
Preferences have a utility representation so long as they are transitive, complete, and continuous.
In economics, capital, capital goods, or real capital are those already-produced durable goods that are
used in production of goods or services. The capital goods are not significantly consumed, though theymay depreciate in the production process. Capital is distinct from land in that capital must itself be
produced by human labor before it can be a factor of production. At any moment in time, total physica
capital may be referred to as the capital stock (which is not to be confused with the capital stock of a
business entity.) In a fundamental sense, capital consists of any produced thing that can enhance a
person's power to perform economically useful work—a stone or an arrow is capital for a caveman who
can use it as a hunting instrument, and roads are capital for inhabitants of a city. Capital is an input in
the production function. Homes and personal autos are not capital but are instead durable goods because
they are not used in a production effort.
Wealth is the abundance of valuable resources or material possessions. The word wealth is derived fromthe old English weal , which is from an Indo-European word stem.[1] An individual, community, region or
country that possesses an abundance of such possessions or resources is known as wealthy.
The concept of wealth is of significance in all areas of economics, and clearly so for growth economics
and development economics. Yet the meaning of wealth is context-dependent and there is no universally
agreed upon definition. At the most general level, economists may define wealth as "anything of value"
which captures both the subjective nature of the idea and the idea that it is not a fixed or static
concept. Various definitions and concepts of wealth have been asserted by various individuals and in
different contexts.[2] Defining wealth can be a normative process with various ethical implications, since
often wealth maximization is seen as a goal or is thought to be a normative principle of its own
Income is the consumption and savings opportunity gained by an entity within a specified time frame,which is generally expressed in monetary terms.[1] However, for households and individuals, "income is
the sum of all the wages, salaries, profits, interests payments, rents and other forms of earnings
received... in a given period of time."[2] For firms, income generally refers to net-profit: what remains of
revenue after expenses have been subtracted.[3] In the field of public economics, it may refer to the
accumulation of both monetary and non-monetary consumption ability, the former being used as a proxyfor total income.
In economics, factor income is the flow (that is, measured per unit of time) of revenue accruing to a
person or nation from labor services and from ownership of land and capital
7/31/2019 Psychology Assgt.
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PSYCHOLOGY
1.differences of male & female hormones
Although estrogens are thought of as female sex hormones and androgens are considered male hormones, both men
and women make hormones in both groups, with different ratios depending on gender. For example, women make less
than 10 percent of the amount of testosterone that men make. Testosterone is important in women for muscle and
bone strength, and also for maintaining a healthy sex drive. Estrogen may play an important role in preventing heartdisease in men. Younger men generally have higher levels of testosterone and lower levels of estrogen. With aging,
estrogen levels often increase and testosterone levels decrease. This can lead to an increased risk of heart attacks,
strokes, prostate enlargement, and prostate cancer in older men.
The differences between female hormones and male hormones may not be as specific as you might think. The
definition of a hormone is a chemical substance produced by an endocrine gland that has a specific effect on the
activities of other organs in the body. The major female and male hormones can be classified as estrogens or androgens
Both classes of male and female hormones are present in both males and females alike, but in vastly different amounts.
Most men produce 6-8 mg of the male hormone testosterone (an androgen) per day, compared to most women who
produce 0.5 mg daily. Female hormones, estrogens, are also present in both sexes, but in larger amounts for women.
Estrogens are the sex hormones produced primarily by a female's ovaries that stimulate the growth of a girl's sex organs
as well as her breasts and pubic hair, known as secondary sex characteristics. Estrogens also regulate the functioning of
the menstrual cycle.
In the majority of women, ovarian hormones appear not to play a significant role in their sex drive. In one study of
women under the age of 40, 90 percent reported experiencing no change in sexual desire or functioning after sex
hormone production was shut down because of the removal of both ovaries.
2.how does puberty occur?
Puberty is a very variable process that changes a boys body into an adults body. Boys can start it at different ages and
they don't all go through the various stages in the same order. Here at the visible signs of puberty, which might happen
in any order... growth of hair on your scrotum and in the region of your penis (also around your anus), growth of hair on
your ankles and in your armpits. Growth of facial hair. Your penis will get longer and thicker, your scrotum will get
darker in colour and hang lower to accomodate the increasing size of your testes. You will sweat more and your sweat
will begin to smell. You may get spots and blackheads. You will grow taller and your muscles will develop. You will find
yourself think about sex a lot and you will get erections. You may find yourself mentally comparing the size of your own
penis with the penises of other boys in the showers at school, this doesn't necessarily mean that you are gay, just that
you are curious which is perfectly normal. You may also feel the urge to masturbate and when you do at some point you
will eventually produce sperm. Oh and your voice will "break" and lower in pitch as your larynx (voice box or Adam's
apple) enlarges and you'll also suffer from abrupt mood swings (your family will suffer because of them too). There is no
definitive end point to puberty. By 21 or so years of age (if not sooner) you probably have reached your maximum heigh
and your penis will probably have reached its maximum length but muscle mass and body hair may continue to extend
after this age and may continue into the mid thirties or perhaps even later.
3. why brain is important?
The brain is the most complex organ in the body. More information can be stored in it than all the libraries in
the world put together. It is a vast domain that is still being discovered by scholars, scientists and medical
professionals. What has been discovered so far though, has made great breakthroughs in science and medicine.