Needs and Wants

These are goods and services that we needs to survive.

• Wants

• Needs

• Resources

• Allocation

Which of the following statements is TRUE?

• People have the same taste and preferences.

• People are easily contended with simple necessities.

• The older a person grows, the lesser their needs would be.

• Some wants can become needs because of the circumstances that people are in.

Brad can afford a 10,000 Php apartment due to his salary increase. What factor is being shown here.

• Age

• Income

• Profession

• Taste and Preference

When siblings Billie and Olivia were asked where they want to eat, Billie said they want to eat at KFC because they like the taste of KFC chicken, while Olivia likes Shakey's because she likes pizza at the moment. What factor is being shown here?

• Age

• Income

• Profession

• Taste and Preference

anus, a college graduate, needs a job in the corporate field. Michael, on the other hand, needs a job that matches his skills, since he is just a highschool graduate. What factor is being shown here?

• Age

• Profession

• Education

• Taste and Preference

According to Tony Robbins, this needs requires you to give something beyond yourself.

• Safety

• Growth

• Certainty

• Contribution

This is the highest form of need according to Abraham Maslow.

• Safety

• Variety

• Self-Actualization

• Love and Belonging

This needs will be achieved through respect, confidence, achievement, and reputation.

• Safety

• Esteem

• Physiological

• Love and Belonging

Abraham Maslow's Hierarchy of Needs shows how ____________________ helps in achieving self-actualization.

How can the PACED Method of decision-making help kyou become a better student?