Charitable giving provides many benefits, some of which are not even financial in nature.
What is the warm glow effect that is related to charitable giving?
The response people have when they are in a warm environment.
(Choice B) The tendency for people to become more giving when they are in a good mood.
B
The tendency for people to become more giving when they are in a good mood.
(Choice C) The feeling people get when they receive a tax deduction for their donation.
C
The feeling people get when they receive a tax deduction for their donation.
(Choice D) The satisfaction people feel when they know they are helping others.
D
The satisfaction people feel when they know they are helping others.
1 answer
The warm glow effect refers to the satisfaction people feel when they know they are helping others.