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Can an individual's financial situation change his or her views of what is
considered a need and what is considered a want? Explain.
Your answer

Sagot :

glumbox
Yes. Once someone is in a difficult financial situation, they may have to give up some wants and desires in place of things they need. If money is tight, they should rather use what money they have to pay pills and buy food, and not purchase items they want like toys or videogames. When faced with a bad financial situation, an individual is forced to separate what they believe is a want and a need, and choose between the two.
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