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Questions and Answers
What are needs?
What are needs?
- Limitations on how much money we have
- Resources we use to acquire goods and services
- Things we would like to have but do not need to live
- Things we must have to live, like food, clothing, and shelter (correct)
Which of the following is not a need?
Which of the following is not a need?
- Water
- Food
- Television (correct)
- Clothing
What is a resource?
What is a resource?
- Things we would like to have but do not need to live
- Goods and services we need and want
- Something that we can use to acquire things we need and want (correct)
- Limitations on how much money we have
Why do most people earn money?
Why do most people earn money?
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