Question

during coivid 19 lockdown you must have noticed that only essential items were bought by you and your family list down the good which are luxurious and were bought by you and your family before lockdown but not during the lockdown sit with your item into two categories neccessites and luxirious make an analyze why it is important to spend money rationally on resources

Answer 1

The correct answer to this open question is the following.

Luxurious.

In my family's case, we used to buy a lot of electronics, hardware, and software We also spent a lot of money paying subscriptions for on-demand websites suck as movies or TV series.

Necessities.

However, since lockdown, the number of clients and consumers that purchased in my father's business dropped. This meant that my father had just enough money for basic necessities. We started to just buy food, water, medicine, soap, toothpaste, and just the basics.

We learned to be more cautious about how we spend our hard-earned money.

We also learned a lesson. We have to spend money more wisely. Entertainment is ok but in a responsible way.