Wants VS Needs

Wants VS Needs

12th Grade

10 Qs

quiz-placeholder

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Wants VS Needs

Wants VS Needs

Assessment

Quiz

Other

12th Grade

Practice Problem

Easy

Created by

Alex Padilla

Used 40+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are physical objects that are PRODUCED?

goods

services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What do you call actions that are performed for someone?

Goods

Services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

People who make goods are called

Consumer

Customer

Producer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers are/do

purchase/use goods and services

research products

community citizens

all of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers have power

true

false

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Effective consumers

set goals

do research

manage finances and plan for financial security

all of the above

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers choices are limited by

scarcity of goods

scarcity of money

both A and B

None of the above

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