ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is an example of Wants
A
Cell Phone
B
Water
C
Food
D
Shelter
Explanation: 

Detailed explanation-1: -Yes, phones have become a necessity in today’s age. Not just for calling people, the original purpose of their development, but for using tons of various features and services that it provides.

Detailed explanation-2: -Cell phones Originally only used for voice communication, today’s mobile phones provide additional services such as e-mail, Internet browsing, PDA (Personal Digital Assistant) functionality, digital camera, SMS (Short Message Service) for text messaging, games, and the ability to watch video or listen to music.

Detailed explanation-3: -A cellular phone is a telecommunication device that uses radio waves over a networked area (cells) and is served through a cell site or base station at a fixed location, enabling calls to transmit wirelessly over a wide range, to a fixed landline or via the Internet.

Detailed explanation-4: -Having a phone of their own may help kids socialize and build friendships. Older kids and teens may also use their phones to plan group schoolwork and social gatherings, or even play games together. “Phones can be a tool to promote social skills, such as using them to FaceTime with friends and family, ” says Reena B.

There is 1 question to complete.