Needs and Wants

• A need is something that you should have, you should have to have, or something you couldn't live without. 
• An example is food; you need food to live. Without it, you would die, and thus, it is really necessary. 
• A want is something that you like to have, and not really necessary, but it will be quite good to have. 
• If it is based on economics, needs are economic requirements that are necessary for you to keep living. 
• Wants are desires to fulfill your needs. Based on economics money is a want. You need to get a job to have money. 
• Also, a person's view to needs and wants can change. It depends on that person's situation, satisfaction, or desire.

The act of balancing our needs and wants,

an example that humans should follow.