True the the income
economic system
Economic
Economic products designed to satisfy peoples wants and needs are consumer goods. The type of goods that are needed and wanted can vary depending on area and culture.
Being Secure in your ability to satisfy your needs and wants ( having enough Money!)
Economic well-being is created in a production process, meaning all economic activities that aim directly or indirectly to satisfy human needs
progress
how does entrepreneu satisfy community needs
through provision of resources that are scares, to satisfy the needs and wants.
As economic goods are limited, one has to make choices to satisfy his needs. Thus, due to limited economic goods, opportunity costs rise.
Maker economy are free to undertake economic . free to make choices how to use resources to satisfy their needs.
The basic economic question faced by all economists: How to satisfy unlimited needs and wants, when resources are limited.
A vanity table needs to satisfy two needs for the user. It needs to fit comfortably in the space you have for it, and it needs to be large enough to satisfy your storage and preparation needs.