Understanding Human Needs and Scarcity

Understanding Human Needs and Scarcity

Assessment

Interactive Video

Economics, Social Studies

4th - 8th Grade

Hard

Created by

Emma Peterson

FREE Resource

The video tutorial introduces the concept of economic needs, focusing on primary, secondary, and tertiary needs based on intensity. It explains scarcity as a result of unlimited human needs versus limited resources. The tutorial also covers needs by nature (physical and spiritual) and timing (immediate and future), and distinguishes between individual and group needs. Finally, it discusses factors influencing needs, such as gender, education, environment, technology, income, social status, and personal preferences.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why does scarcity occur in economics?

Because human needs exceed available resources

Because human needs are limited

Because resources are unlimited

Because resources are abundant

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the three types of needs based on intensity?

Necessary, Additional, Excessive

Essential, Optional, Extra

Basic, Advanced, Luxury

Primary, Secondary, Tertiary

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a primary need?

Luxury car

Vacation

Smartphone

Food

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a secondary need for a student?

Textbooks

Designer clothes

Private jet

Luxury watch

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which need is associated with physical well-being?

Social need

Emotional need

Spiritual need

Physical need

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a future need for a student planning for higher education?

Present clothing

Current entertainment

Immediate food

Savings for college

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of a group need?

Personal laptop

Community park

Private car

Individual savings

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