Thursday, September 16, 2010

Human wants

As Explained in the previous chapter,the economics problem arises because
the wants for goods and services are unlimited and the resources to satisfy
them are limited.this gives rise to the problem of choice which wants to
be satisfied and which ones to be left unsatisfied or less than fully
satisfied.what are they unlimited?
                                   In the primitive times,mans'wants were
very few,The primitive man wanted some fruits and animal flesh to satisfy
his hunger and leaves and bark of trees to cover his body,some cave to get
shelter.however,with the growth of society and the civiliazation,man's
wants have greatly increased not only in quantity but also in variety.
There are now over hundred types of food to be taken,numerous varietyof clothes
to be worn,different types of houses with various designs are available
to satisfy the wants of the people for the food,clothing and shelter respectively
But modern man's wants are not limited only food,clothing and shelter.in other words
present-days man wants much more than"ROTI,KAPRA,MAKAN,AUR SEX".He wants
a good sofa set,dining table and drinks and so on to satisfy his multiple
wants.As there is economic progress and the standards of living in the society rise

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