Wants & Needs Flashcards
1
Q
Define a need
A
A need is an item, product, solution that you need to live like clothes, food & drink, education, etc.
2
Q
Define a want
A
A want is something unnecassary that you do not need but want to have like designer clothes, the newest phone, etc.
3
Q
What could change our wants & needs?
A
Your age
Community
Cost of living a certain life under a salary
Climate change for your health and lifestyle
4
Q
Define Demand
A
A principle that refers to a consumers wishes and desires to make good purchases, services, etc.
5
Q
How do Wants, Needs, & Demands relate to globalization?
A
When you want something you need to be talking and making conversations to get it or at least try to.
