INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Refers to their “means of securing the basic necessities(food, water, shelter and clothing) of life”
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Needs
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Livelihood
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Psychological needs
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Wants
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Explanation:
Detailed explanation-1: -A person’s livelihood (derived from life-lode, “way of life"; cf. OG lib-leit) refers to their “means of securing the basic necessities (food, water, shelter and clothing) of life".
Detailed explanation-2: -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-3: -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-4: -There are eight minimal physiological requirements for survival. These are: air, water, food, shelter, sanitation, sleep, space, and touch.
There is 1 question to complete.