ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Water, Cable, Electricity, Internet and Cell Phone are all examples of what?
A
optional
B
utilities
C
wants
D
luxuries
Explanation: 

Detailed explanation-1: -Common utility services are water, sewer, electric, gas, garbage, cable TV, internet, and mobile services.

Detailed explanation-2: -Utility services include telecommunications, electrical utilities, natural gas, certain transportation services, and also water and wastewater treatment services provided by private companies.

Detailed explanation-3: -Utilities (water, electricity and gas) are essential services that play a vital role in economic and social development.

Detailed explanation-4: -Typically, utilities include electricity, water, and gas bills. You can also add sewage, trash, and recycling, as well as TV, internet, phone, and streaming services to the list. ⏰ TIP: Utility bills are often used as proof of residence, especially for licensing and passport needs.

Detailed explanation-5: -Utilities in a home include electricity, gas, water, sewer, Internet, telephone, cable TV, security systems and, in some areas, trash collection. These essentials are the things you need in daily life to ensure you have a working, comfortable, livable space.

There is 1 question to complete.