ECONOMICS (CBSE/UGC NET)

ECONOMICS

CONSUMERS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
ARE THINGS YOU MUST HAVE TO LIVE
A
NEEDS
B
WANTS
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Many modern lists emphasize the minimum level of consumption of “basic needs” of not just food, water, clothing and shelter, but also transportation (as proposed in the Third talk of Livelihood section of Three Principles of the People) sanitation, education, and healthcare.

Detailed explanation-2: -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-3: -Living things need need air, water, food and shelter to survive. There is a difference between needs and wants. Students will be able to identify the four things that organisms need to survive.

Detailed explanation-4: -Every single person on this planet needs food, water, shelter, sleep, others, and novelty on a regular basis to be their best selves.

Detailed explanation-5: -Air. Water. Food. Shelter. Sleep.

There is 1 question to complete.