local, state, and federal government
Public wants are typically satisfied by government services, such as healthcare, education, infrastructure, and public safety. In addition, public wants can also be fulfilled by private businesses through goods and services that cater to the needs and desires of society.
People whose needs and wants are satisfied are called consumers. I HOPE THIS HELPS YOU!!
no
Wants and needs are not the same. According to Mazlow, needs are basic things for human survival and are lower on the heirarchy than wants which can only be satisfied after needs are satisfied.
i like licking
how can wants be satisfied
The seventh commandment
The recurrent, that is, they occur again and again eg food, clothes. Some wants are complementary as they go with other wants eg petrol is complementary of a car and as socks are to shoes. Other is competitive which means that income is limited; therefore not all wants can be satisfied. They compete with each other to be consumed by the individual. All wants are unlimited; they are never completely satisfied. When one want is satisfied, another takes its place. Wants are also changeable meaning that they can change over time.
Economic Decision Making
The main difference between public wants and private wants in business is the key words private and public. Private is personal clientele and their personal needs such as jets, hotels, and restaurants. Public wants are governments costs, marketing, and such.
wants cannot be satisfied.
public wants are shared by many people. for example , desire for bridges or schools.