Question

all of the following is a need except *
a good education
clothing
fine jewelry
clean air
the means through which goods and services are produced are called *
economic resources
needs
spending opportunities
economic choices
all of the following is a capital resource except *
a pickup truck
a factory
lumber
employees

Explanation:

First Question

Needs are basic requirements for survival and well - being. A good education is a need for personal and societal development. Clothing is a need for protection and modesty. Clean air is a biological need. Fine jewelry is a want (a luxury item), not a need.

Second Question

Economic resources (also known as factors of production) are the means through which goods and services are produced. Needs are what people require. Spending opportunities refer to chances to use money. Economic choices are decisions made regarding the allocation of resources.

Third Question

Capital resources are man - made resources used in production. A pickup truck and a factory are capital resources. Lumber is a natural resource (a raw material). Employees are labor resources.

Answer:

1. C. fine jewelry
2. A. economic resources
3. D. employees