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People whose needs and wants are satisfied are called what?

People whose needs and wants are satisfied are called consumers. I HOPE THIS HELPS YOU!!


What is the study of how people meet their needs and wants?

Economics


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:


Why cannot people fulfill their wants?

different people have different needs and wants. this means that peoples wants and needs are differrent due to SIT- Skills, Income and Time.


Wants and needs?

Needs are things that people need to live for example shelter and wants are things that people use as a past time for their fun for example psp, or cars. i think needs and want is something used to survition.


What is ecnomices?

Economics: the study of how people's wants and needs are met.


How did the kararnkawa meet their needs and wants?

by killing the animals and people


Explain Needs wants demand?

Needs - Human beings have many complex needs. These can include basic physical needs such as food, clothing, and safety. Other needs are social needs which includes affection, recognition, fame, etc. Wants - How people communicate their needs Demands - People have unlimited wants but also have limited sources. They tend to choose products that produce the most satisfaction for their money. When backed by buying power, wants become demands.


What are the impacts of needs and wants in your communities?

Needs and wants within a community will determine what people advocate for. Many families find it important to protect their children.


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.


In the game of economics goods are objects that fulfill people needs and?

wants


People must make choices to satisfy their needs and wants?

Economic

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