Want
From Wikipedia, the free encyclopedia
- This article is about the economic concept, for other uses, see Want (disambiguation)
In economics, a want is something desired, distinct from a need which is something that is necessary. It's said that we have unlimited wants, but limited supplied resources. Thus, we can't have everything we want and must look for the best alternatives sometimes that will cost us less. This may be distressing to some people and may lead to depression which can be avoided if other people can give them their original wants so long as it's not a great burden on others.