Which of the Following Statement Best Defines Needs and Wants

question 27

Multiple Choice

Which of the following statement best defines needs and wants?

• A)Wants occur when a person feels physiologically deprived of something, and needs are determined by a person's knowledge, culture, or personality.
• B)Needs occur when a person feels physiologically deprived of something like food, clothing, and shelter whereas wants are felt needs that are shaped by a person's knowledge, culture, or personality.
• C)Wants are a subset of needs.
• D)Needs affect marketing, but wants do not.

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Definitions:

Abstract Institutions

Abstract Institutions are conceptual frameworks or societal constructs that represent organized principles of social order, not tangible entities.

Durkheim's View

Refers to Emile Durkheim's perspective in sociology that emphasizes the importance of social facts, collective consciousness, and the societal origins of behavior.

Society Expectations

The collective norms and ideals that a society holds regarding the behavior and roles of its members.

Internalize

The process by which individuals adopt the views, attitudes, or standards of others as their own, often unconsciously.