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Want

Want is a term used to describe a desire for something not currently possessed, or a lack of something perceived as necessary. In English, want functions as both a verb and a noun: as a verb, one can want something (I want a new bike); as a noun, a want is either a desire or a deficiency (a want for affection; a want of resources).

In economics, wants are non-essential desires for goods and services, while needs are basic requirements for

Psychology and sociology examine how wants arise from needs, goals, personal values, and social influence. Culture,

Philosophical discussions distinguish between wants and welfare, and between genuine preferences and socially constructed desires. Some

See also: need, desire, aspiration, demand.

survival.
Because
resources
are
scarce,
individuals
and
societies
must
choose
among
competing
wants.
Demand
is
the
subset
of
wants
that
is
backed
by
the
ability
and
willingness
to
pay;
when
money
or
goods
are
unavailable,
wants
remain
but
go
unmet.
The
study
of
wants
and
needs
helps
explain
consumption
patterns,
budgeting,
and
policy
decisions.
identity,
and
advertising
shape
which
wants
are
salient.
Maslow’s
hierarchy
is
often
cited
to
show
how
basic
needs
can
give
way
to
higher-order
wants
such
as
belonging,
esteem,
and
self-actualization,
influencing
motivation
and
behavior.
theories
treat
wants
as
motivational
forces
that
drive
action;
others
emphasize
alignment
with
long-term
well-being
or
rational
choice.
Usage
notes
include
phrases
like
“to
want
for
nothing,”
meaning
to
lack
nothing,
and
nuances
in
strength
or
formality
when
using
want
in
everyday
language.