0
Necessary wants can be considered a subset of needs, as they enhance our quality of life but aren't essential for survival. Needs are fundamental requirements for basic functioning, such as food, shelter, and safety. In contrast, necessary wants—like access to education or healthcare—support well-being and personal development, making them important for a fulfilling life. Thus, while they are not needs, they play a crucial role in overall happiness and satisfaction.
What else can I help you with?
What is the difference between wants and needs?
"Needs" are the requirements for a viable existence : food, water, shelter. "Wants" may be defined as a desire for goods which are not necessary for survival, but which would provide comfort or pleasure.
Are objects that fulfill peoples needs and wants?
wants
What is the different between wants and needs?
this is a good question. I've always heard others say i have everything i need and nothing i want. which has lead me to beieve that needs are necessary( shelter, food, clothing, water ect.. And wants were things that are desired. thank you gena.
When wants are supported by purchasing power do they become needs?
No, it is not true that when wants are supported by purchasing power it becomes needs. Needs are items that have to be purchased, wants are items that are desired.
What is the importance of capital in satisfying human needs and wants?
when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story
Are wants the means of satisfying needs?
No, wants are not the means of satisfying needs. Needs are essential for survival, such as food, water, and shelter, while wants are desires or preferences that are not necessary for survival. Meeting needs is critical for sustaining life, while wants are more about personal satisfaction or pleasure.
What is the difference between wants and needs?
"Needs" are the requirements for a viable existence : food, water, shelter. "Wants" may be defined as a desire for goods which are not necessary for survival, but which would provide comfort or pleasure.
What makes allocation decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
Best explains what makes allocation decisions necessary?
There are never enough goods and services to satisfy wants and needs
Are objects that fulfill peoples needs and wants?
wants
What best explains what makes allocation decisions decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
What is the different between wants and needs?
this is a good question. I've always heard others say i have everything i need and nothing i want. which has lead me to beieve that needs are necessary( shelter, food, clothing, water ect.. And wants were things that are desired. thank you gena.
What is marketing shapes consumer needs and wants?
reflecting customers needs and wants
How does production help in satisfying needs and wants?
It provides products to satisfy your needs and wants.
When wants are supported by purchasing power do they become needs?
No, it is not true that when wants are supported by purchasing power it becomes needs. Needs are items that have to be purchased, wants are items that are desired.
Are wants and needs the same According to Maslov?
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.
What is the importance of capital in satisfying human needs and wants?
when you invest your capital, you create the products which will satisfy human needs and wants you can also be creating needs and wants.. but that's an other story
