Question

Characteristics of Wants.

need a short answer. ​

Answer 1

Answer:

$hello \: moto$

Like for example food, shelter, clothing, etc are economic human wants. And those which cannot be bought are non-economic wants like peace, love, affection, etc. All human wants to have some basic common characteristics. ... We have limited means and so we cannot satisfy all of our wants. So they compete with each other.

And More

• Wants vary in nature: ...
• Wants differ in intensity: ...
• Wants are repetitive: ...
• Wants are progressive: ...
• Wants are competitive: ...

Answer 2

Characteristics of Wants :-

Answer:

1) Wants Are Unlimited :

Wants not only arise again and again but they are also 'Unending'.

2) Wants are Recurring in Nature :

Several human wants occurs again and again or while some might be only occasional.

3) Wants differ with Age :

Wants and their satisfaction differ as per the chronological age.

4) Wants also differ with Gender :

Men and Women wants are different according to their needs.

Thus,

these were some of the characteristics of Wants.