Classify your belongings as either needs or wants. List them in the table below and include an explanation why you consider them to be needs or wants.
Object, Need, Want
Answer (1)
Answer:Object Need Want ExplanationFood X Food is a basic necessity for survival. It provides the energy and nutrients your body needs to function 2.Housing X Shelter is essential for protection from the elements and provides a safe place to live 2.Clothing X Basic clothing is necessary to protect you from the weather and maintain social norms 2.Transportation X Transportation is needed to get to work, school, or other essential activities. This could be a car, public transport, or even a bicycle, depending on the situation 2.Healthcare X Healthcare, including insurance and medical care, is crucial for maintaining your health and well-being 2.Smartphone X While a basic phone for communication might be a need, a smartphone with all the extra features is often a want. It's more about entertainment and convenience than basic survival.Designer Clothing X More expensive clothing brands are generally considered wants. They aren't essential for protection or modesty.Entertainment X Things like streaming services, going to the movies, or eating out are wants. They enhance your quality of life but aren't strictly necessary 2.Gym Membership X While exercise is important, a gym membership is a want if you can find other ways to stay active. However, for some, it might be a need if it's crucial for their mental or physical well-being.Latest Gadgets X New electronics and gadgets often fall into the "want" category. They're fun to have but not essential for daily life.Organic Food X While healthy food is a need, choosing organic options over cheaper, non-organic alternatives is often a want.Travel X Vacations and leisure travel are wants. They're enjoyable but not necessary for survival.Education X Education is a need as it provides skills and knowledge necessary for employment and personal development.Internet Access X In today's world, internet access is becoming increasingly essential for work, education, and accessing essential services.Emergency Savings X Savings for unexpected events like job loss or medical emergencies are a need for financial security.
