Needs & Wants

6 Questions | Total Attempts: 1843

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Economics Quizzes & Trivia

Economics


Questions and Answers
  • 1. 
    Things that are required in order to live are known as ....?
    • A. 

      Wants

    • B. 

      Needs

    • C. 

      Goods

    • D. 

      Services

  • 2. 
    Things that add comfort or pleasure to your live are know as ....?
    • A. 

      Wants

    • B. 

      Needs

    • C. 

      Goods

    • D. 

      Services

  • 3. 
    ______ and ______ are unlimited and never end
  • 4. 
    Things that you can see and touch are known as ...?
    • A. 

      Goods

    • B. 

      Services

    • C. 

      Wants

    • D. 

      Needs

  • 5. 
    _______ are activities that are consumed the same time they are produced
  • 6. 
    What is Economic Resources?
    • A. 

      Means in which goods and services are produced.

    • B. 

      None

    • C. 

      Things that you need to survive

    • D. 

      A & b

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