Get premium membership and access revision papers with marking schemes, video lessons and live classes.

Processing. Please wait.

Meaning and Types of human wants, features of basic human wants,features of secondary wants

Answer Text:
Satisfaction of Human Wants.
Meaning of human wants.
-Refer to things that people require to survive and to live comfortably.
Types of human wants:
i)Basic wants: are those needs which one cannot do
without.e.g food, shelter and clothing.
Features of basic wants:
-They must be satisfied first before human wants.
-They are necessary for survival.
-They are felt needs e.g. when one requires food, he/she feels hungry.
-They are largely satisfied at individual or family level.
-They cannot be postponed.
-They are universal.
ii)secondary wants: are those that one can do without but they make life confortable. E.g motor vehicles, mobile phone,entertainment etc.
features of secondary wants:
-They arise as individuals standard of living changes.
-They are expensive compared to basic wants.
-They can be postponed.