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In economics, a want is something that is desired. It is said that people have unlimited wants, but limited resources. Thus, people cannot have everything they want and must look for the best alternatives which they can afford.
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The Wanted Blog
Recent Comments on The Wanted Blog. Wanted's Recent Comments ... Have you linked to the Wanted Blog? Let The Sheriff know and you will be added to our links! ...thewantedblog.blogspot.com/The Want Blog
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So what's all this got to do with with this blog? ... Google and Literary Agent Wanted Blog Search. Enter your search terms. Web ...literaryagentblog.com/In economics, a want is something that is desired. It is said that people have unlimited wants, but limited resources. Thus, people cannot have everything they want and must look for the best alternatives which they can afford.
Wants are often distinguished from needs. A need is something that is necessary for survival (such as food and shelter), whereas a want is simply something that a person would like to have. Some economists have rejected this distinction and maintain that all of these are simply wants, with varying levels of importance. By this viewpoint, wants and needs can be understood as examples of the overall concept of demand.
See also
- Motivation
- Self-interest
- Supply and demand
