Needs And Wants

 

Click on the radio button in front of the correct answers to the questions.

1. Goods or services that are necessary for living such as food, clothing, shelter are

Needs Wants Advertising

2. Goods and services that are not necessary for living such as toys, games, entertainment are

Needs Wants Advertising

3. Many times people think they need things that they in fact want due to the power of

scarcity advertising distribution

4. A time when there are not enough goods and services to meet people's needs is

scarcity advertising distribution

5. This is an important part of economics that helps insure people's needs and wants are met

scarcity advertising distribution

 

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