Needs And Wants

Question 1

Needs or wants?

-access to medical care

Answer 1

Need

Question 2

N/W

Ice cream

Answer 2

Want

Question 3

N/W

television

Answer 3

Want

Question 4

N/W

cellphone

Answer 4

Both

It depends on the situation

Question 5

N/W

clothes that protect you from the weather

Answer 5

Need

Question 6

N/W

Soccer boots

Answer 6

Want

Unless you are a professional soccer player

Question 7

N/W

clean, fresh air

Answer 7

Need

Question 8

N/W

Bread

Answer 8

Both

Question 9

What are needs

Answer 9

Things that people can’t survive without

Question 10

What are wants

Answer 10

Things that people would like to have, but don’t have to have

Question 11

What is a country’s natural resources of labour, capital, land and entrepreneurship called?

Answer 11

The factors of production

Question 12

What is the economic problem when it comes to resources and needs?

Answer 12

How can an economy’s limited resources satisfy people’s unlimited needs and wants?

Question 13

What prevents us from having everything we need?

Answer 13

Limited resources

Question 14

What is another word for wants?

Answer 14

Secondary needs