The economy UNIT 2 Needs and wants UNIT 2 Needs and wants In this unit


In this unit you will:  focus on society’s needs and wants  look at the basic needs of individuals, families, communities and countries


 learn about primary and secondary needs, unlimited wants, and the limited resources available to satisfy needs and wants in society.


LET US CHECK


By now you know that … ✔ traditional societies have needs and wants that are different to people living in cities


✔ individuals, families and communities have different needs ✔ money determines how we satisfy our needs and wants ✔ different resources are needed to meet our needs and wants and sometimes these are limited.


Basic needs of individuals, families, communities, and countries


A need is something that you have to have on a daily basis in order to survive. These needs are food, water, clothing and shelter. Every individual needs these things in order to survive. These needs must be met before other needs, such as the desire for love and education. Also, a community or country has different needs to individuals or families. Let us take a look at the basic needs of individuals, families, communities, and countries.


a b


Basic needs of individuals In order to live, humans have basic needs such as:  food and water  shelter  clothing.


These pictures show two of the basic needs of individuals: (a) shelter, and (b) food and water. 16 Term 1 The economy and entrepreneurship


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32