what are the differences between needs ,wants and demands?

来源：学生作业帮编辑：作业帮分类：英语作业时间：2024/05/27 16:36:34

what are the differences between needs ,wants and demands?
what are the differences between needs ,wants and demands?

Needs
State of felt deprivation including physical, social, and individual needs.
–Physical needs: Food, clothing, shelter, safety
–Social needs: Belonging, affection
–Individual needs: Learning, knowledge, self-expression
Wants
Form that a human need takes, as shaped by culture and individual personality.
Wants + Buying Power = Demands

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