A look at wants & needs

10 terms by Cecilia424 

Ready to study?
Start with Flashcards

Create a new folder

Advertisement Upgrade to remove ads

Wants

Things you wish you could have, but you sadly you don't. so sorry.

Needs

Necessary wants
aka: food, shelter, clothes
yup. that's about it.

Goods

Physically weighed or measured
edible. (clothes can be edible, but I don't like the taste of fabric. some do)

Services

Tasks that people/machines preform. If you don't get paid, it's called free labor~ or if you are in school, its called volunteerism

Reasourses

Anything people can use for anything else. And I mean anything.

Competition

An action that takes place when someone takes sales/ business away from something else. (also known as outstanding marketing)

Business

The action that takes place when something/ someone seeks profit by providing things to other things. (inanimate or not, managers choice)

profit

An action that means gaining anything.
-food
-water
-other

Consumer

Things that take away from other things....stealing?

Producer

Someone/ something that gives stuff away to other things.

Please allow access to your computer’s microphone to use Voice Recording.

Having trouble? Click here for help.

We can’t access your microphone!

Click the icon above to update your browser permissions above and try again

Example:

Reload the page to try again!

Reload

Press Cmd-0 to reset your zoom

Press Ctrl-0 to reset your zoom

It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.

Please upgrade Flash or install Chrome
to use Voice Recording.

For more help, see our troubleshooting page.

Your microphone is muted

For help fixing this issue, see this FAQ.

Star this term

You can study starred terms together

NEW! Voice Recording

Create Set