Grade 6 TLE Q1 Ep 2 Needs and Wants

What are the basic necessities of people such as food, clothing, and shelter that people cannot survive without?

• Water, Air, Fire

• Food, Clothing, Shelter

• Plants, Animals, Rocks

• Books, Toys, Electronics

Which category includes goods that people desire or wish to have, but can still live without?

• Needs

• Essentials

• Luxuries

• Wants

What does the word 'buying' refer to?

• Getting something by paying money for it

• Selling something for a profit

• Exchanging goods for services

• Donating items for free

What does the word 'selling' refer to?

• Getting something by paying money for it

• Selling something for a profit

• Exchanging goods for services

• Donating items for free

What does the word 'product' refer to?

• Something that is manufactured or grown to be sold for a profit

• An item that cannot be bought

• A gift received from a friend

• A service provided for free

What is the first step in the buying process?

• Evaluation of choices

• Purchase decision

• Information search

• Recognition of needs and wants

Which step in the selling process involves researching potential buyers?

• Approach

• Presentation

• Prospecting and qualifying

• Closing

What is the term used to describe the amount of interest a given product that consumers are willing to buy at a given price?

• Profit

• Supply

• Demand

• Loss

Which of the following is NOT an example of an existing need in schools or communities?

• Street foods like fish balls

• Bottled water

• School supplies like papers and pens

• Luxury cars and jewelry

What is the term used to describe the sequence where buyers search for the business environments to look for potential product choices?

• Information search

• Purchase decision

• Evaluation of choices

• Recognition of needs and wants