The process of planning, pricing, promoting, selling, and distributing products to satisfy customers’ needs and wants is called _____________.

• Business

• Marketing

• Computer Science

• STEAM

What is a need?

• Nothing

• Something you have to have to live

• Something you would like to have

• Ice cream

What is a want?

• A person
• Something you would like to have but don't need to live
• Purple
• Something you need to live

Tags

CCSS.RI.6.2

CCSS.RI.7.2

CCSS.RL.6.2

CCSS.RL.7.2

CCSS.RL.8.2

Which of these is a need?

• car
• water
• video games
• candy

Which of these is a want?

• Legos
• air
• water
• food

Something you must have in order to live...

• need
• want
• belief 

Is shelter a want or a need?

• Need
• Want

A need can best be describe as ....

• Something that a  person buys or sells to another person. 
• A necessity to survive like water or shelter.
• An item that provides a valuable service like a cell phone.
• A necessity to survive like Dr. Pepper and a mansion.

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

A student can be found at the mall on the weekends. He/She likes to buy name brand clothing, new watches, and cool electronics. This person has the means to satisfy their ____________.

• Needs
• Wants
• Basic Economic Questions

Tags

CCSS.RI.5.10

CCSS.RI.6.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

Physical items that you can touch and see are called:

• Goods
• Needs
• Services
• Wants