3
QuizMultiple Choice

Principles of Financial Planning — Quiz

Question 3 • Economics

In American society, which of these is an example of a want?

Answer
A
food
B
shoes
C
video games
D
utility bills

Explanation

A want is something people would like to have but do not need to meet basic needs. Video games are for entertainment, so they are an example of a want; food and utility bills are generally needs, and shoes may be needed for protection.

AI-written and checked against the verified answer.

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