PT E R 3 .

3
CHA
THE
MATERIAL/
ECONOMIC
SELF
MEMBER OF
GROUP
DAISY JANE B.
ROMAGOS
BONEPETER
BAGALANON
CHRISTYN KHYT
RUBEN
BENJO NEPA
MARIA SOFIA HAIDEE
VENDER
JESSA MAE TOLENTINO
JUNALYN KEPTI
MAMALIAS
 OBJECTIVES:

• Determine the different factors that contribute to the one’s

material/economic self
• Distinguish between needs and wants and how they
influence one’s daily social behavior ; and
• Analyze and evaluate one’s material/economic behavior
that contribute to his or her sense of self
• Examine one’s self against the Economic aspects of self
discussed in the class
e
INTRODUCTION

THE MATERIAL/ECONOMIC
SELF
This section focuses on
how people maintain
extensions of themselves
through material
possessions and
maintenance of particular
lifestyles.
ACQUISITION OF GOODS AND SENSE OF
SELF
People often purchase products that align with their
personality and values. Material possessions serve as
extensions of one's self and identity, conveying certain
aspects of their personality to others. By selecting specific
items, individuals communicate their preferences, tastes,
and interests, thereby shaping their sense of self. .
 FACTORS INFLUENCING
ECONOMIC DECISIONS

1. Financial Constraints
Economic decisions are influenced by an individual's financial
resources and budget. People make choices based on what they can
afford within their means.

2. Availability of Items and Services

The accessibility and availability of products and services also
play a role in shaping economic decisions. Limited availability may
influence individuals to choose alternatives or delay their purchase.
 FACTORS INFLUENCING
ECONOMIC DECISIONS

1. Financial Constraints
Economic decisions are influenced by an individual's financial
resources and budget. People make choices based on what they can
afford within their means.

2. Availability of Items and Services

The accessibility and availability of products and services also
play a role in shaping economic decisions. Limited availability may
influence individuals to choose alternatives or delay their purchase.
3. Influence of Family and Friends
Social networks and interpersonal relationships can
impact an individual's economic decisions.
Recommendations, opinions, and social norms within their
circle may influence what individuals choose to buy.
 Distinguishing Wants and Needs

1.Wants
Wants are synonymous with luxuries and include products or
services that are not essential for survival. People purchase wants for
reasons beyond necessity.
2.Needs
Needs refer to essential items required for survival and
well-being, such as food, clothing, and shelter. These items are
considered fundamental and are purchased out of necessity.
 Utility and Significance of
Possessions

Utility
Utility pertains to how an object serves a practical purpose
in an individual's life. It involves the functionality, convenience,
and usefulness of the item.
Significance
Significance refers to the meaning assigned to an object.
Possessions can become powerful symbols or icons of habit and
ritual, independent of their primary function.
 RONALD
BARTHES
• Studied the concept of
semiology or the study of signs.
• According to him , "it is
through object that people
assert their identities".