Economy, asked by devaprasad1389, 2 months ago

Define want. What are their characteristics?

Answers

Answered by chauhanpranjal456
1

Answer:

All the desires and aspirations of human beings that have a monetary value and can be satisfied in the market refer to wants.

Characteristics:

1. Never ending/unlimited: There's no end to human greed.

2. Recurring in nature: With satisfaction of one demand, another demand arises.

Similar questions