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

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asked Apr 25, 2023 29.6k views

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Dod · Answer 1 · 2023-04-29T14:14:10+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 difference between economic wants and economic needs?

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