Which statement about need and want is correct?
Answer and explanation
Correct answer: A need is essential and a want may be an extra desire
A need refers to something considered necessary for basic functioning, well-being, or a particular purpose. A want is a preference or desire that may improve comfort or satisfaction but is not always essential. The distinction can vary with context, yet option A states the basic idea correctly. The other options use false absolute claims.
Frequently asked questions
What is the correct answer to this question?
A need is essential and a want may be an extra desire
Why is this the correct answer?
A need refers to something considered necessary for basic functioning, well-being, or a particular purpose. A want is a preference or desire that may improve comfort or satisfaction but is not always essential. The distinction can vary with context, yet option A states the basic idea correctly. The other options use false absolute claims.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.