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Why is it Necessary to Make a Choice in the Satisfaction of Human Wants

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Why is it Necessary to Make a Choice in the Satisfaction of Human Wants

Question

State the reasons why it necessary to make a choice in the satisfaction of human wants

Answer

i) Wants can be ranked
ii) Resources are limited
iii) Some wants are necessities
iv) Some wants are more pressing
v) Wants are competitive


   Related Questions

Q. Give reasons why sometimes it becomes difficult to satisfy human wants. Q. Highlight the characteristics of human wants. Q. Indicate each of the following human wants as either basic or secondary: Education, Security, Shoes, Food, and Phone.

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