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  • purpose of business 
  • Businesses fulfill the needs and wants of consumers.  
  • wants and needs 
  • needs are things that are necessary for survival .there are some basic need like food ,shelter,clothing,and water
  •     wants-are things that are necessary for our survival but add pleasure and comfort to our lives.example of wants are mp3 players ,tv,sodas ,candy bares,and jewelry.  
  • consumer 
  •  a consumer is someone who uses goods or services   
  • products
  • products are physical goods or services that can satisfy consumer needs .   
  • goods are like clothing 
  • Goods and Services
  • services are  like getting a haircut.
  • profit motive
  • disire to make money
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