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By this viewpoint, wants and needs can be understood as examples of the overall concept of demand. Examples of wants that people would like to have is financial monitoring , saving time , higher paying job , more comfort , healthier diet , physical fitness , spirituality , friendship , companionship and safety .
Physiological needs include: Air, Water, Food, Heat, Clothes, Reproduction, Shelter [22] and Sleep. Many of these physiological needs must be met for the human body to remain in homeostasis. Air, for example, is a physiological need; a human being requires air more urgently than higher-level needs, such as a sense of social belonging.
People also talk about the needs of a community or organisation. Such needs might include demand for a particular type of business, for a certain government program or entity, or for individuals with particular skills. This is an example of metonymy in language and presents with the logical problem of reification. Medical needs.
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A needs assessment is a systematic process for determining and addressing needs, or "gaps", between current conditions, and desired conditions, or "wants". [ 1 ] Needs assessments can help improve policy or program decisions, individuals, education, training, organizations, communities, or products.
All we then need to add, to get to the fundamental principle of developed communism, is to assume that non-satisfaction of a need is a disadvantage. The corresponding principle of solidarity in respect of need says: if any member of society has an unsatisfied need, each member has a duty to produce its object (if they can).
The natural system assumes that people have higher-order needs, which contrasts with the rational theory that suggests that people dislike work and only respond to rewards and punishment. [24] According to McGregor's Theory Y , human behavior is based on satisfying a hierarchy of needs: physiological, safety, social, ego, and self-fulfillment .
Scarcity is basically how people handle satisfying themselves regarding unlimited wants and needs with resources that are limited. [1] Humans place a higher value on an object that is scarce, and a lower value on those that are in abundance. For example diamonds are more valuable than rocks because diamonds are not as abundant. [2]