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You have unlimited wants and limited …

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You have unlimited wants and limited resources to satisfy them. Explain by giving examples.

Posted by Neer Raj Rai 7 years, 6 months ago

CBSE > Class 11 > Economics

1 answers

Ritika Singh 7 years, 6 months ago

We the human beings always want more of anything. If we have Nano car we will think of buying Swift nd after buying swift we will think of Audi.This is human's nature.So our demands or wants are unlimited.And a person has fixed income or money upto some limit.No one can buy everything from that money. Even Ambani cannot do so.With 500₹ one can buy school bag for himself or can buy new t-shirt for frnd's bddy party. So this suggests that human wants are unlimites while means are limited.hope u will get help from this.

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