What is a major similarity between economic wants and economic needs?

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asked Mar 18, 2023 163k views

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Clem Wang · Answer 1 · 2023-03-25T03:55:34+0000

Answer: In economics, a need is something needed to survive while a want is something that people desire to have, that they may, or may not, be able to obtain.

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What is a major similarity between economic wants and economic needs?

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