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23 July, 02:31

Are items such as utilities, rent, and food items that one can't do without

Needs

Wants

Risks

Assets

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  1. 23 July, 02:58
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    The correct answer would be option A, Needs.

    Explanation:

    Needs are the items such as utilities, rent, and food items, that one can't do without.

    Needs are considered the basic things that are required by any human being to live his life. Basic needs include food, cloths, shelter, safety, etc. Rent payments, buying utilities or paying utility bills are also considered as Needs. On the other hand, wants are somethings that are not needs but desires. For example, if a person require food, it is need, but if a person desires eating out on a brand, it is called want. Similarly is a person require cloths, it is need, and on the other hand if the person wants designer cloths, it is called wants.
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