Keynes' psychological law of propensity to consume explained.Consumption function or propensity to consume represents functional relationship between two aggregate i.e. total Consumption and total income. It indicates how consumption expenditure.
Many lives have been lost due to shock. A tragic fact is that many of these deaths were needless because proper preventive ‘measures can eliminate or Lesson the danger of the shock. Shocks are of different types.
The psychological motives are also known as personal motives. These motives are personal in the sense that they are very specific to the person psychological make up of the individual.
Emotion is the acute disturbance of the organism as a whole, psychological in origin involving behaviour, conscious experiences and visceral functions.
The experimental study of animal learning by E. L. Thorndike (1874-1949) in the United States and his theory on trial-and-error learning provided the impetus for Skinner's experiments on instrumental or operant conditioning.
Psychological or mental qualities are much more important than the physical fitness for physical fitness does not guarantee mental sharpness. It is not to underestimate the physical qualities, but mental traits or facilities have upper hand in personality frame work.