TLE 6 LESSONS

 BUYS AND SELLS PRODUCTS BASED ON NEEDS TLEIE6-0b-3 BY: PJ MIANA ____________________ Here is the available article for you to study:  Here are some facts related to buying and selling goods based on needs: Needs vs. Wants: Understanding the difference between needs and wants is essential. Needs are essential items required for survival and well-being, such as food, clothing, and shelter. Wants, on the other hand, are items that are not necessary for basic survival but are desired for personal satisfaction or enjoyment. Identifying Individual Needs: Each individual has unique needs based on their circumstances, preferences, and lifestyle. For example, a person living in a cold climate may have a greater need for warm clothing compared to someone living in a warmer region. Researching Products: It is important to conduct research before making a purchase. Research allows individuals to gather information about the product's features, quality, and price. Reliable sources such as cons

  Entrepreneurship: Producing Simple Products by: PJ MIANA _____________________________________________________________ Entrepreneurship is the process of creating, developing, and managing a business venture with the aim of making a profit. As a young person, you may be interested in starting your own business but may not know where to start. One way to start is by producing simple products. Simple products are those that are easy to make and do not require a lot of resources or expertise. Examples of simple products include handmade crafts, baked goods, and homemade jewelry. Here are some tips on how to produce simple products: 1) Identify your product: The first step is to decide what product you want to produce. Think about your interests, hobbies, and skills. What can you create that others may find valuable or appealing? 2) Research : Once you have identified your product, research similar products in the market. Look at their prices, quality, and target audience. This