Needs and Wants Quiz
Authored by Quinteria Williams
Life Skills
8th Grade
Used 2+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Rohan, Anika, and Olivia are discussing their basic needs. What do they agree are basic needs?
Advanced technology gadgets like the latest smartphones and laptops
Expensive designer clothing from high-end brands
Essential requirements for human survival and well-being such as food, water, and shelter
Luxury items for entertainment like a private yacht or a home theater system
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Anika, Grace, and Aria are discussing their future plans. Anika wants to pursue a college degree, Grace is dreaming of a vacation to Hawaii, and Aria is planning to buy a new car. Which of these is an example of a want?
A college degree
A vacation to Hawaii
A new car
A new house
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Evelyn, Abigail, and Kai are discussing their shopping habits. Evelyn says she only buys what she needs, while Abigail buys what she wants. Kai is confused about the difference between needs and wants. Can you explain to him?
Needs are things that are not important, while wants are essential for survival.
Needs are temporary, while wants are permanent.
Needs are essential for survival, while wants are desires that are not necessary for survival.
Needs and wants are the same and can be used interchangeably.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
James, Charlotte, and Rohan are watching a commercial for a new video game. How does this advertisement influence their wants?
By having no influence on their wants
By forcing them to buy the video game they don't want
By making them want the video game they don't need
By creating desire for the video game through showcasing its benefits and appealing to their emotions and needs.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important to distinguish between needs and wants?
To make decision-making easier
To confuse and waste resources
To have an excuse to overspend
To prioritize and manage resources effectively.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain the concept of impulse buying in relation to wants.
Impulse buying is when a person only buys what they need and never gives in to sudden desires.
Impulse buying is when a person makes unplanned purchases based on sudden desires or wants.
Impulse buying is when a person only buys items that are on their shopping list.
Impulse buying is when a person carefully plans and budgets for their purchases.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Grace, Lily, and Mia are planning their monthly budget. What could be the consequences if they prioritize their wants like buying designer clothes, expensive gadgets, and eating out frequently over their needs like rent, groceries, and utility bills?
No impact on their financial stability and their essential requirements are fulfilled
They face financial instability and their essential requirements remain unfulfilled
They experience decreased financial stability but their essential requirements are fulfilled
They enjoy increased financial stability and their essential requirements are fulfilled
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