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Karthikeyan

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Needs and wants

Needs

  • Needs are the things that are necessary for survival and daily life.

  • Without them, a person cannot live properly.

  • They are limited and the same for everyone.

  • Examples: food, water, shelter, clothing, healthcare, education.

Wants

  • Wants are the things that people desire but can live without.

  • They give comfort, enjoyment, and luxury.

  • Wants are unlimited and keep changing with time.

  • Examples: branded clothes, smartphones, toys, video games, luxury ca

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