
Needs, Wants, Goods, Services
Authored by Jessica Marrinan
Education, Business
7th Grade
Used 2+ times

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Needs are items that are essential to our survival
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an example of a need
Playstation
Television
Water
Apple watch
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Wants are
Limited
Do not bring us satisfaction
Unlimited
You need to survive
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these is an example of a need?
Laptop
Bike
New phone
Air
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A market refer to the organised exchange of
good and services
need and wants
consumers and producers
job opportunities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A consumer is a person or group that is the final user of goods and services produced in an economy
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You are a consumer
True
False
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