Needs, Want, Etc. Flashcards
1
Q
What is a need?
A
A need is something we require in order to survive.
2
Q
What is a want?
A
A want is something that will make our life more enjoyable, but don’t require in order to survive.
3
Q
What is a good?
A
Goods are things that are tangible (can be touched) e.g. pen.
4
Q
What is a service?
A
A service is something that you use. They are intangible, you cannot physically touch services. (e.g. hairdressers, cinema)
