GROWTH DEVELOPMENT CHILD
MASLOW HIERARCHY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Answer and Explanation: Consumers satisfy their wants through purchasing goods and services for consumption purposes. In the global market, the satisfaction of needs and wants is achieved through international trade. In other words, importing and exporting different products and services promote global consumption.
Detailed explanation-2: -Although human wants are there to satisfy man with lives requirements, it is not always possible to have them this is because; They are too many and new ones keep cropping up. Resources to satisfy them are never enough (limited). They are repetitive hence people will always strive for more resources.
Detailed explanation-3: -A resource is anything that can be used to satisfy a need.
Detailed explanation-4: -This want-satisfying quality in a good is called Utility. Hence utility means the power to satisfy a human want. Was this answer helpful?