Podcast
Questions and Answers
Which of the following is an example of a need?
Which of the following is an example of a need?
- A luxury
- Food (correct)
- A want
- A hobby
Which of the following is not an example of a need?
Which of the following is not an example of a need?
- Clothing
- Water
- Entertainment (correct)
- Air
Which of the following is an example of a want?
Which of the following is an example of a want?
- Shelter
- Jewelry (correct)
- Electricity
- Medicine
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Study Notes
Understanding Needs and Wants
- A need is something essential for survival or well-being, such as food, water, shelter, and clothing.
- A want is a desire for something that is not necessarily essential for survival or well-being, such as a luxury item or entertainment.
Examples of Needs and Wants
- Needs: essential items like food, water, shelter, and clothing.
- Wants: luxury items or entertainment, such as a private jet or a vacation.
Note: Since the provided text only contains questions, I assumed the context and created a brief study note on the differences between needs and wants.
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