Economy, asked by shadev7904, 1 year ago

present wants are more important than future wants. justify this statement with the help of an appropriate example from your daily life

Answers

Answered by JAMES1111
6
Present Wants are more important than Future Wants:

It is a human instinct to regard the present wants as being more important than the future wants. The proverb “A bird in hand is better than two in the bush” is based on this universal phenomenon. Future is uncertain and unpredictable. Man is, therefore, more concerned with the satisfaction of his present wants rather than being worried about his future wants.


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Answered by gurmeetk1308
7
Present wants are more important than the future wants. When a person uses most of his limited recourses for the satisfaction of present wants. He does not worry much about his future wants because of its uncertainty and less urgency. For example, providing the education of a child in present is more important than providing him the old age security in future.
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