BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Demands
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Wants
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Needs
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Desires
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Detailed explanation-1: -We must have food, water, air, and shelter to survive. If any one of these basic needs is not met, then humans cannot survive.
Detailed explanation-2: -Physiological Needs Food, water, clothing, sleep, and shelter are the bare necessities for anyone’s survival. For many people, these basic needs can not be met without the aid of charitable organizations.
Detailed explanation-3: -The first four Human Needs (Love/Connection, Variety, Significance, and Certainty) are necessary for human survival and are the fundamental needs of the personality. The last two Human Needs (Growth and Contribution) are needs of the spirit and are necessary for a life of fulfillment.
Detailed explanation-4: -The truth is, there are only five basic needs; Clean Air, Water, Nutrients, Shelter and Sleep. Beyond our health, the simple fact is that our entire society is based primarily on the existence and leveraging of these five factors. They are the basis for concepts like family, wealth, health and, at times, governments.