Question

what is the difference between need and want?Two points plss​

Answer 1

We all know that economics is a social science, which deals with production, distribution and consumption functions. It is all about making choices regarding the allocation of scarce resources, so as to make their best possible use and satisfy human wants and needs. In economics, we often go through the terms needs and wants, but have you wondered about their differences. Needs point out the something you must have for survival.

BASIS FOR COMPARISONNEEDSWANTSMeaningNeeds refers to an individual's basic requirement that must be fulfilled, in order to survive.Wants are described as the goods and services, which an individual like to have, as a part of his caprices.NatureLimitedUnlimitedWhat is it?Something you must have.Something you wish to have.RepresentsNecessityDesireSurvivalEssentialInessentialChangeMay remain constant over time.May change over time.Non-fulfillmentMay result in onset of disease or even death.May result in disappointment

Answer 2

Difference between need and want

Need______________________

when u need anything

u need to to be patience

and polite for achieving

others help.

Need is something

that is must in order

to live

Want_______

wants are something that you wish to have, so as to add comforts in your life.

wants indicate desires. that u want something.