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7.01

Giving to Others

TermDefinition
advocacy supporting/favoring a cause
altruism concerned for the welfare of others
crowd funding fund raising small amounts of $ through donations from many people; via Internet usually
estate plan outline of procedures in case of death
expense $ spent
financial planning money-management w/ secure understanding
healthy giving individual gives out of excess in his life to fuel positive emotions in the giver and receiver
opportunity cost value of the next best thing in a trade off
philanthropy desire to promote the welfare of others; expressed through healthy giving
pro-social spending $ spent on others
public service announcement (PSA) advertisement intended to raise awareness of an event
resources anything utilizable to meet objectives
social capital interpersonal values, including trust
social enterprise organization that applies commercial strategies maximize human and environmental well-being
spending plan budget; income and expense statements that records planned and actual income and expenses over a certain time period
time utility satisfaction received from time given up
trade off giving up one thing for another
unhealthy giving diminishes well-being for the giver and receiver
utility measure of satisfaction
value beliefs about what is desirable and important to an individual
well-being feeling good about one's life
Created by: Tate.cord70