Sunteți pe pagina 1din 6

Basic Concepts Of Economics

Human Wants
Meaning:
Human wants are countless in number
and various in kinds. some wants are
natural for survival such as food, clothing,
shelter etc. some varies from place to
place and time to time.
Characteristics of Human Wants
Human wants are unlimited
Wants are complementary
Wants are competitive
Wants are Gradable
Wants are Variable
Wants are Recurring
Evaluation
Why some wants reoccurs?

What is a complementary wants?
Why wants varies?
Give some examples of competitive wants?

S-ar putea să vă placă și