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Institutions that influence needs and wants include government bodies, educational systems, cultural organizations, and media outlets. Governments shape needs through policies and regulations, while educational institutions inform and cultivate desires through curricula. Cultural organizations, including religious and social groups, influence values and preferences, and media plays a crucial role in shaping perceptions and trends. Together, these institutions create a framework that impacts individual and societal priorities.
What else can I help you with?
Name two factors that influence a consumers needs and wants?
Two factors that could influence a consumers needs and wants could be their peers or advertising.
What are different factors that can influence the needs and wants of people?
. Age, gender, occupation are the main factors which influence our needs and wants. Socio-economic status would also affect a persons wants.
How do needs and wants influences how pepople spend money?
Needs and wants significantly influence spending behavior by dictating priorities in financial decisions. Needs, such as food, shelter, and healthcare, typically take precedence, driving individuals to allocate funds toward essentials first. In contrast, wants—like luxury items or entertainment—often lead to discretionary spending once needs are met. Consequently, the balance between fulfilling needs and indulging in wants shapes overall spending patterns and financial health.
When wants are supported by purchasing power do they become needs?
No, it is not true that when wants are supported by purchasing power it becomes needs. Needs are items that have to be purchased, wants are items that are desired.
What is the importance of capital in satisfying human needs and wants?
when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story
Name two factors that influence a consumers needs and wants?
Two factors that could influence a consumers needs and wants could be their peers or advertising.
What are different factors that can influence the needs and wants of people?
. Age, gender, occupation are the main factors which influence our needs and wants. Socio-economic status would also affect a persons wants.
How do the needs and interests of students as stakeholders impact decision-making in educational institutions?
The needs and interests of students as stakeholders influence decision-making in educational institutions by guiding policies and practices to better support their learning and well-being. By considering students' perspectives, institutions can create a more inclusive and effective learning environment.
What could cause you to confuse your wants and needs?
There are many factors that could influence the confusion of the two. Mostly i would say that when a want becomes strong enough a person feels as if they need it in their life. In reality wants and needs get confused all the time because needs are the basic things in life (i.e food, water, shelter) and alot of wants are variations of basic human needs.
How do needs and wants influences how pepople spend money?
Needs and wants significantly influence spending behavior by dictating priorities in financial decisions. Needs, such as food, shelter, and healthcare, typically take precedence, driving individuals to allocate funds toward essentials first. In contrast, wants—like luxury items or entertainment—often lead to discretionary spending once needs are met. Consequently, the balance between fulfilling needs and indulging in wants shapes overall spending patterns and financial health.
Is the ability of persons groups or institutions to influence political developments?
The ability of persons, groups, or institutions to influence political developments would be called power.
What is the ability of persons groups or institutions to influence political developments?
The ability of persons, groups, or institutions to influence political developments would be called power.
What is marketing shapes consumer needs and wants?
reflecting customers needs and wants
How does production help in satisfying needs and wants?
It provides products to satisfy your needs and wants.
When wants are supported by purchasing power do they become needs?
No, it is not true that when wants are supported by purchasing power it becomes needs. Needs are items that have to be purchased, wants are items that are desired.
Are wants and needs the same According to Maslov?
Wants and needs are not the same. According to Mazlow, needs are basic things for human survival and are lower on the heirarchy than wants which can only be satisfied after needs are satisfied.
What is the importance of capital in satisfying human needs and wants?
when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story
