Economics
Chapter 2 Class 6 Economics - Needs and Wants

Which of the following is NOT a factor that influences wants?

A. Advertising

B. Peer pressure

C. Values

D. Needs

 

Answer:

Answer by Student

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The correct answer is (D) Needs

Detailed Explanation by Teachoo

Let’s check all the options

  • Option (A) Advertising - Advertising is a factor that influences wants because it is a form of communication that persuades or informs people about the features, benefits, or availability of a product or service. Advertising can create awareness, interest, or desire for a product or service, and make people want to buy it. So, this is incorrect .

  • Option (B) Peer pressure - Peer pressure is a factor that influences wants because it is a social force that makes people conform to the expectations or behaviors of their peers or groups. Peer pressure can make people want to fit in, belong, or impress others, and make them want to have the same or similar things as their peers or groups. So, this is incorrect .

  • Option (C) Values - Values are a factor that influences wants because they are the principles or standards that guide the choices and actions of people. Values can reflect the beliefs, morals, ethics, or ideals of people, and make them want to have the things that are consistent with their values. So, this is incorrect .

  • Option (D) Needs - Needs are NOT a factor that influences wants because they are the things that are essential for survival or well-being. Needs are the things that people must have to live and function properly, such as food, water, clothing, shelter, health, and safety. Needs are not influenced by external factors, but by internal factors such as biological or psychological requirements. So, this is correct .

Thus, option (D) is correct

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