Get premium membership and access revision papers with marking schemes, video lessons and live classes.
  OR
Processing. Please wait.

 Form 1 Business Studies: Satisfaction on human wants online lessons

Factors that may limit an individual’s ability to satisfy human wants

 (3m 10s)
1986 Views     SHARE

Download as pdf file

Answer Text:
Factors that may limit an individual’s ability to satisfy human wants;
-Many, varying or unlimited wants: when satisfied, others keep coming.
-Scarce resources: resources used to satisfy human wants are limited/ scarce
-Human wants keep changing depending on age, gender and time.
-The recurring nature of human wants: once satisfied, they require to be satisfied again and again.


|