ECONOMICS
ECONOMIC SYSTEMS
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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: -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-2: -A traditional list of immediate “basic needs” is food (including water), shelter and clothing.
Detailed explanation-3: -Aside from clothing, food and shelter are the same basic needs that every non-swimming living thing on this planet requires. Without sustenance and a place to sleep and protect oneself from environmental conditions, it is almost impossible to live.
Detailed explanation-4: -Physiological Survival Needs: Air. Water. Food. Safety and Security Needs: Free from dangers. Need for Belongingness. Social Acceptance. Social Interaction. Social Affiliation. Need for Esteem. Self-worth, Competence, Skill(s) Appreciation, Recognition, Respect. Need for Self-Actualization. Physical. Emotional.