Needs, Wants, and Three Economic Questions

Clothing

• Needs
• Wants

Housing

• Needs
• Wants

Health care

• Needs
• Wants

University education

• Needs
• Wants

Family

• Needs
• Wants

Tags

CCSS.L.1.5A

CCSS.L.1.5B

CCSS.L.K.5A

Love

• Needs
• Wants

Designer clothing

• Needs
• Wants

Self-expression

• Needs
• Wants

Communication

• Needs
• Wants

Of the three major economic questions, which of the following is the best example of a "How?" question?

• Should we produce more heavy fleece coats? 
• Should we collect tolls on turnpikes using human toll collectors or mechanized toll machines? 
• Should we build log homes or build factories from bricks? 
• Should we spend more on health care?