What does the term "animal spirits" mean?
The term "animal spirits" may refer to sacred beings or can also be used to describe the state of living or willingness to act. In some spiritual practices, animals are considered ghosts, guides, allies or ancestors. Alternatively, people with animal spirits can be considered lush or alive. Another way to define this concept concerns economics and refers to the strong trust of investors or expenditure. People worshiped them, performed special rituals if they need to kill an animal or avoid killing them specifically. From sacred cows in India to the totem of American natives, people often have shown to relate or attribute the strength or sacredness to certain animals. This principle can spread to concepts such as ahimsa , where it is awarded all its life and should not be used or alternately could be considered spiritual speakers in some religious practices. High human energy resembles the strength of animal energy. It often led people to tOmu to perceive animal spirits as living and lush behavior.
A few uses of the term, when it means high energy or vitality, can be found in famous literature. Milton mentions it in paradise lost , which was written in the 17th century. Lovers Jane Austen may remember that the uncompromised sister of Lydia from the 19th century novel Pride and Pejudice also had "... high animal spirits". Owning this attribute was often considered attractive and should not be considered the forerunner of the type of ruins and the shame of Austen's cause.
The use of animal spirits to reference to economic theory began at the beginning of 18. Linked the term with confidence and greater expenditure. Undoubtedly, more remembered use was 200 years later in the general theory of employment, history and money . For Keynes this concept meant a desire to act in spending and investment, from pOcit of trust and will to action. Without these things, he claimed that people could not be inspired to spend simply showing logical reasons why they should.
The definition of Keynes became the predominant in the 21st century. According to some economic theories, consumers must be involved to spend or invest. High animal ghosts mean the willingness to take advantage of investment due to trust in the product or because it is not an unacceptable alternative. Whatever can be done to evoke trust, a willingness to take risks, and the zeal for expenses can be beneficial for the market.