Needs, Wants, Goods and Services
Authored by Mark Conway
Business, Other
7th Grade
Used 106+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a need?
Something we cannot survive without
Something that we would like, but is probably over and above what we need to survive
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a want?
Something we cannot survive without
Something that we would like, but is probably over and above what we need to survive
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a good?
Something you can see, touch and pick up
Things we can’t see, touch or pick up. Someone does something for another person
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a service?
Something you can see, touch and pick up
Things we can’t see, touch or pick up. Someone does something for another person
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What are durable goods?
Goods that do not wear out quickly, they can be used over a long period of time.
A good which is immediately used and has a short life-span
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What are non-durable goods?
Goods that do not wear out quickly, they can be used over a long period of time.
A good which is immediately used and has a short life-span
7.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Which are examples of needs?
Water
Oxygen
Basic Clothing
Food
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