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The difference between a want and a need is that a need is necessary for survival why are wants infinite or limited?

User Zayenz
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1 Answer

1 vote

Answer:

True

Step-by-step explanation:

Want is a term that is often used in an economic setting to describe a thing or various things that individuals wish to acquire but not vital to their survival or existence at that point in time.

For example, luxury cars, wrist watch, etc. They are mostly limitless.

On the other hand, Needs is an economic term that describes a thing or various things of necessity to individuals' survival. For example, food, water, etc.

Hence, it is TRUE that the difference between a want and a need is that a need is necessary for survival why are wants infinite or limited

User Meyertee
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