Hi, need to submit a 250 words paper on the topic Scarcity. Wants and Needs We all desire to live a better life that is the dream of all the populaces on the planet. However, the increasing population around the globe is making it hard for people to live according to their wish. The increase in population has played a major role in a decrease of resources hence their scarcity. Also, it has made it hard for people to meet their daily needs that are necessary for survival. With the scarcity of resources, people are made to compete for the less available supplies. The paper aims at outlining the disparity between a needs and wants.

Differences

A need is something that is tremendously essential for a human being to survive. It is that thing that people cannot live without. they must have it in order to stay alive. In addition, it is that one thing that people cannot function without that one thing that people must have. If a requirement is not met, it would probably result to the beginning of a disease (Bomstein and Susan 135). Also, when the need is not met, it leads to a person’s inability to function effectively. The lack of needs also makes it hard for people to purpose professionally in a society. Therefore, when the need is not met it can likely lead to death. Normally, needs remain steady all the way through the lifetime of a person.

Conversely, wants are something that an individual wishes to have in life. It can be that thing that a person longs for either right away or in prospect. They are not essential for a person’s survival people can live without wants. Wants normally vary from one individual to another. Every individual has her or his list of wants, all with unreliable level of significance. In addition, wants can vary over a point in time (Bomstein and Susan189).

Some of the examples of needs are. food, the air, shelter, water and clothing. On the other hand, wants are a nice car, travelling abroad, ice cream, designer t-shirt, nice shoes. The idea of my choice is based on the necessity and the most desired things by majority of the people.

Work Cited

Bornstein, David and Susan Davis. Social Entrepreneurship What Everyone Needs to Know. New York: Oxford UP, 2010. Print.