Needs and Wants Earnings

Interactive Video
•
Business
•
10th Grade - University
•
Hard
Wayground Content
FREE Resource
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following items is considered a need for a picnic?
A game
A ball
A picnic blanket
A frisbee
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a characteristic of wants?
They are essential for survival
They are driven by emotional urges
They remain constant over time
They are unaffected by advertisements
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can freelancing be described?
A commission-based income
A fixed monthly salary job
A project-based work arrangement
A long-term employment contract
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of passive earnings?
Salary from a job
Commission from sales
Income from freelancing
Dividends from stocks
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is education important for earning potential?
It guarantees a high salary
It opens doors to better job opportunities
It eliminates the gender pay gap
It ensures passive income
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What issue related to earnings is highlighted in the video?
The gender pay gap
The rise of consumer culture
The lack of freelancing opportunities
The decline of entrepreneurship
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key takeaway from the video regarding financial management?
Avoid all forms of employment
Understand and prioritize needs over wants
Focus solely on passive income
Prioritize wants over needs
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