Which of the following would not be considered a need in the needs-based approach?

Question

Quizplus · Accepted Answer

The needs-based approach focuses on identifying the essential needs of a person or family, such as food, shelter, clothing, healthcare, and education. A burial fund, college education fund, and debt retirement fund can be considered as needs because they address financial concerns related to essential expenses. However, a fund to cover the equity in the home is not a need in the context of the needs-based approach because it is not directly related to fulfilling essential needs.

Which of the Following Would Not Be Considered a Need