Wants
Wants: Wants are desires or preferences that are not necessary for survival but are sought after for personal satisfaction, pleasure, or convenience. These are things that individuals may aspire to have but can live without. Wants are subjective and can vary from person to person, influenced by personal preferences, cultural factors, and societal influences.
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Needs are essential for survival and well-being, whereas wants are discretionary desires that go beyond basic requirements. Understanding the distinction between needs and wants helps individuals prioritize their resources, make informed decisions, and ensure that essential needs are met before pursuing optional wants.
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