Question

1. Define human wants.

Answer 1

Answer:

Nature of Human Wants:

All the desires and aspirations and motives of humans are known as human wants in economics, and the wants that can be satisfied with goods and services of any kind are economic wants. Like for example food, shelter, clothing, etc. are economic human wants.

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Answer 2

Answer:

Nature of Human Wants. All the desires and aspirations and motives of humans are known as human wants in economics. And the wants that can be satisfied with goods and services of any kind are economic wants. Like for example food, shelter, clothing, etc are economic human wants.