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Questions and Answers
What are needs?
What are needs?
- Things that we earn as income
- Things that we must have to live (correct)
- Things that we would like to have but not necessary for survival
- Things that are limited in nature
What are wants?
What are wants?
- Things that we earn as income
- Things that we would like to have but not necessary for survival (correct)
- Things that we must have to live
- Things that are limited in nature
What is a resource?
What is a resource?
- Something that we must have to live
- Something that we would like to have but not necessary for survival
- Something that we can use to obtain what we need and want (correct)
- Something that is limited in nature
Why do people earn money?
Why do people earn money?
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