Human wants are

Assessment: WAEC SSCE - Economics - 2011 (Objective) Subject: Economics

Question 1 Report

Human wants are

Answer Details
Human wants are unlimited. This means that people have unlimited desires and needs for goods and services. As one want is satisfied, another arises, leading to an endless cycle of wants. There is no limit to the number of wants that humans can have, and this is because as society advances and technology improves, new wants arise. Therefore, no matter how much is produced, human wants will never be fully satisfied.
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