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People whose needs and wants are satisfied are called consumers. I HOPE THIS HELPS YOU!!
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∙ 12y ago
Angelina Zeidan
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Needs and wants how are they satisfied?
Through peer pressure and how other people affect each other into wanting that certain item. And possibly if your either financially wealthy or not this can affect your needs and wants. Grade 10 Student
Process of choosing which needs or wants willbe satisfied?
Economic Decision Making
What is the way people use resources to meet their wants and needs?
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
What are satisfy the unlimited needs wants of the society with limited resources?
Obviously all the needs cannot be satisfied. Rationing would be one solution.
The study of the choices people make in an effort to satisfy their wants and needs is called?
economics
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.
Needs and wants how are they satisfied?
Through peer pressure and how other people affect each other into wanting that certain item. And possibly if your either financially wealthy or not this can affect your needs and wants. Grade 10 Student
Process of choosing which needs or wants willbe satisfied?
Economic Decision Making
What is the way people use resources to meet their wants and needs?
The way a nation determines how to use its resources to satisfy its people's needs and wants is called:
How does economics make such comprehensive assessment at the micro level?
because it has a big deal to the demand of particular sociaty that makes thew people satisfied thier needs and wants.
What are satisfy the unlimited needs wants of the society with limited resources?
Obviously all the needs cannot be satisfied. Rationing would be one solution.
Economic products designed to satisfy people's wants and needs are called?
economic system
The study of the choices people make in an effort to satisfy their wants and needs is called?
economics
How human wants are satisfied?
Human wants are different than needs but both can bring satisfaction to the person. Satisfactions are different from person to person based on the individual interest or needs. For example, a person could need housing but want a large home. The person would be satisfied with needs being taken care of with any home but have more satisfaction with the large home for pleasure.
What are most public wants satisfied by?
Public wants are typically satisfied by government services, such as healthcare, education, infrastructure, and public safety. In addition, public wants can also be fulfilled by private businesses through goods and services that cater to the needs and desires of society.
Importance of production in the satisfaction of human and wants?
Maybe the people have needs and according to that needs the human produce to satisfy his own or other human needs.The needs are not food, TV, Clothes, or Drinks etcThe needs are not food but survival of human not clothes but the necessity not T.v but Entertainment so for Satisfying those needs they produce.The wants cannot be satisfied very easily but not the needs.Human Behaviour is changeable according to the generations so this generation is fast so they want fast food fast Internet fast job fast communication and fast transportation.or maybe the wants can be also reach to the Luxuries like i dont want any car but Mercedes. I am not eating food in any Hotel but Intercontinental so wants cannot be specified easily but several company supplies and produces in such a way in such a speed that their customers and consumers gets satisfied of their certain wants
What is the study of how people meet their needs and wants?
Economics
