Needs and Wants

Quiz
•
Business
•
7th - 9th Grade
•
Medium
daphne roberts
Used 8+ times
FREE Resource
7 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
A need is something that you must not have in order to survive.
True
False
2.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
A want is something you think you must have in order to be satisfied.
True
False
3.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
An economic want is a desire for material goods and services.
True
False
4.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
Non-economic wants do not involve a desire for non-material things.
True
False
5.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
An example of a need is Jordan's tennis.
True
False
6.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
An example of a need is clothing.
True
False
7.
MULTIPLE CHOICE QUESTION
5 sec • 1 pt
Abraham Laslow was a physiologist who developed a theory on the hierarchy of needs.
True
False
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