Who formulated the famous Hierarchy theory about human needs?
Abraham Harold Maslow
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5
Which of the following hierarchy needs refer to this situation, the government under the new administration of President Ferdinand โBongbongโ Marcos assures the Filipino people that there is enough supply of rice in the country?
Physiological Needs
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5
What are the things called that are made in factories and then sold in stores?
Goods
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5
Economics helps you prioritize your needs and learn to conserve the _______.
Resources
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5
What are your most important needs as a student?
Basic needs like food, clothing, shelter, and the materials for schooling.
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monster
Reset all scores!
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seesaw
Swap points!
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shark
Other team loses 10 points!
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baam
Lose 15 points!
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5
What will happen when there is a lack of fresh water resources to meet the standard water demands?
Water Scarcity
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monster
Reset all scores!
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shark
Other team loses 20 points!
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fairy
Take points!
5
10
15
20
25
banana
Go to last place!
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5
What is scarcity?
the inability to satisfy the unlimited wants and needs of people
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5
It refers to lack of sufficient resources to satisfy all needs and wants.
Scarcity
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5
What is a natural resource?
Something from nature that is useful to people.
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5
What economic principle explain the relationship between the scarcity of a resource and its value?
Law of Scarcity
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5
What is safety needs?
protection from violence, family security, health and job.
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5
What will happen when there is lack of sufficient resources to satisfy all needs and wants?
Scarcity
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banana
Go to last place!
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star
Double points!
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shark
Other team loses 15 points!
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lifesaver
Give 25 points!
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5
As a student, what resource do you use to meet your important needs?