What is the correct difference between need and want?
Answer and explanation
Correct answer: जरूरत आवश्यक होती है जबकि इच्छा अतिरिक्त चाह हो सकती है
A need is something essential for basic living, functioning, safety, or an important task. A want is a preference or additional desire that may improve comfort or satisfaction but is not always essential. The boundary can depend on circumstances, but needs and wants are not always identical. Understanding this difference helps businesses identify customer priorities.
Frequently asked questions
What is the correct answer to this question?
जरूरत आवश्यक होती है जबकि इच्छा अतिरिक्त चाह हो सकती है
Why is this the correct answer?
A need is something essential for basic living, functioning, safety, or an important task. A want is a preference or additional desire that may improve comfort or satisfaction but is not always essential. The boundary can depend on circumstances, but needs and wants are not always identical. Understanding this difference helps businesses identify customer priorities.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business, Trade and Commerce.
