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Needs versus Wants

Last updated about 6 years ago

10 questions

Note from the author:

Economics formative on identifying and justifying whether something is a need versus a want.

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Question 1

1.

Is food a need or a want and justify your rationale.

Question 2

2.

Is education a need or a want and justify your rationale.

Question 3

3.

Is shelter a need or a want and justify your rationale.

Question 4

4.

Is a car a need or a want and justify your rationale.

Question 5

5.

Is medical care a need or a want and justify your rationale.

Question 6

6.

Is a cell phone a need or want and justify your rationale.

Question 7

7.

Are basic clothes (not designer) a need or a want and justify your rationale.

Question 8

8.

Are utilities like water and power a need or a want and justify your rationale.

Question 9

9.

Is a lapptop a need or want and justify your rationale.

Question 10

10.

Is daycare a need or a want and justify your rationale.