explain characteristics of human wants
Answers
Answer:
Though human wants are unlimited and all cannot be satisfied at a time, but one particular want is satiable. It can be satisfied sooner or later, if one tries for it and he has the resources to satisfy it. For example, a person may feel hungry or thirsty. This want may be satisfied by taking some food or water.
The main characteristics of human wants are as follows:
1. Wants are unlimited:
Human wants are unlimited in number and there is no end to them. When one want is satisfied then another arises. Wants go on multiplying. They are never completely satisfied.
2. Wants vary in nature:
Wants may vary with time, place and person. Different persons may want different things. Even the same person may want different things at different times and at different places.
3. Wants differ in intensity:
All wants are not equally urgent and intense. Some wants are more urgent and important than others. More urgent wants must be satisfied earlier while other wants can be postponed.
4. Wants are repetitive:
Many human wants are recurring in nature. For example, the need for food is felt after every few hours. Even the wants for durable goods like furniture and car, etc., keep on recurring after some period.
5. Wants are progressive:
Human wants go on increasing with improvement in the income, education and status of a person and with the progress of civilisation.
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