Possessions and Activities Quiz

Gardening is a recreational and enjoyable activity often pursued for relaxation and pleasure.

Friendship is an intangible and non-physical connection between individuals, not a tangible possession.

Overconsumption is the excessive acquisition and consumption of possessions and wealth beyond what is necessary for one's basic needs.

ROI stands for Return on Investment, a financial metric used to evaluate the profitability of an investment.

Immaterial possession is not a recognized form of possession, as possessions typically involve tangible or intangible assets.

Meditation is a practice commonly associated with self-care, promoting relaxation and mental well-being.

A trademark is a legally protected symbol, representing an intangible possession associated with a brand or product.

A library book is a shared or communal possession accessible to the public in a library.

Sentimental value refers to the emotional attachment people form with possessions, often based on personal or nostalgic significance.

A minimalist lifestyle involves embracing simplicity, reducing material possessions, and decluttering to focus on what is essential.

Hobbies are pursued for enjoyment during leisure, while professions involve full-time employment and serve as a primary source of income.

Opportunity cost is the value of the best alternative foregone when a choice is made, closely linked to the economic concept of scarcity.

John Locke is known for the labor theory of property, asserting that individuals acquire ownership of property through their labor and effort.

Clutter anxiety refers to the emotional discomfort or distress experienced when letting go of possessions, especially for those attached to material belongings.

Diminishing returns is the economic principle stating that the additional utility or satisfaction derived from consuming one more unit of a good decreases over time.