Business Studies, asked by jainmanan200613, 4 days ago

differenciate between needs and wants ?​

Answers

Answered by nsharmila165
0

Explanation:

Needs are a special kind of want, and refer to things we must have to survive, such as food, water, and shelter.

Wants are desires for goods and services we would like to have but do not need.

Hope it helps you.

Answered by nilesh8458
0

Answer:

Needs are something that you must have, in order to live. On the contrary, wants are something that you wish to have, so as to add comforts in your life. Needs represents the necessities while wants indicate desires. Needs are important for the human being to survive.

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