Definition of Economic wants:
The human motives that induce the business and economic activities which produce the desired goods and services, or the means to acquire them.
How to use Economic wants in a sentence?
- Innovation is, at least in part, driven by the economic wants of the society that the innovator is a part of.
- So many people in my community wanted new sports cars, so the car dealership brought in several Mustang convertibles to satisfy their economic wants .
- One must balance their economic wants and their primary needs, as buying too many things out of budget can cause a massive debt to accumulate quickly.
Meaning of Economic wants & Economic wants Definition