Basic requirements for human survival are called?

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Multiple Choice

Basic requirements for human survival are called?

Explanation:
Needs are the basic requirements for human survival. They cover essentials like food, water, air, shelter, and clothing—things necessary to stay alive and healthy. Wants are desires above and beyond these basics, things people would like to have but can live without. Exchange isn’t a survival concept—it’s the act of trading goods or services. A firm is a business organization. So the term that fits the question is needs.

Needs are the basic requirements for human survival. They cover essentials like food, water, air, shelter, and clothing—things necessary to stay alive and healthy. Wants are desires above and beyond these basics, things people would like to have but can live without. Exchange isn’t a survival concept—it’s the act of trading goods or services. A firm is a business organization. So the term that fits the question is needs.

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