needs vs wants.pptdfwsftdefrtwerw3546t57gh

Needs and wants

1. Differentiate Between
Needs and Wants
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2. What is the difference between
a want and a need?
A. Wants are things a person wishes for or
desires, but wants are not a necessity for
survival. For example:
1. “I want a sports car, but a late model sedan
would get me to work.”
2. “I want those name-brand jeans, but the store
brand will do.”
3. “I want that cutting-edge cell phone with all
the bells and whistles, but a less expensive
model would be fine.”
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3. What is the difference between
a want and a need?
B. Needs are those basic things required for
survival and include physical and
psychological needs.
1. Physical needs are requirements that must be
met for a person’s body to function properly.
According to Maslow’s Hierarchy of Needs,
the physiological needs of humans are (in no
sequential order):
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4. What is the difference between
a want and a need?
B. Needs (cont’d)
1. Physical needs (cont’d)
a.Breathing
b.Food
c.Water
d.Sex
e.Sleep
f.Homeostasis (stability)
g.Excretion
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5. What is the difference between
a want and a need?
B. Needs (cont’d)
2. Psychological needs
For example, when one is diagnosed with a
life-threatening disease, he or she expends
more energy on health concerns (lower levels)
than on working or dealing with family
responsibilities (higher levels).
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6. What is the difference between
a want and a need?
B. Needs (cont’d)
2. Psychological needs Maslow identified
the following higher categories of need:
a. Security (e.g., safety and security of body,
employment, resources, morality, family health,
property, and shelter)
b. Love and belonging (e.g., acceptance,
friendship, family, and sexual intimacy)
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7. What is the difference between
a want and a need?
B. Needs (cont’d)
2. Psychological needs Maslow identified
the following higher categories of need:
c. Esteem (e.g., self-respect, confidence,
achievement, respect of others, and respect by
others)
d. Self-actualization (e.g., morality, creativity,
spontaneity, problem solving, lack of prejudice,
and acceptance of facts)
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8. Why do wants often outweigh
needs?
A. All human beings have the same basic
needs, but wants differ greatly.
B. Wants are influenced by:
1. Environment
a.Culture
b.Geography
c.Media (advertisements, television,
magazines)
d. Internet
2. Peers
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9. What causes our wants and
needs to change as we age?
A. Family is one of the strongest influences
(cont’d)
1. A support structure
2. What is needed for personal growth and
development
3. Fulfillment of social, emotional, physical, and
social wants and needs
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10. What causes our wants and
needs to change as we age?
B. Values are principles or qualities that are
deemed important to an individual. As a
person ages, different things become important
and valuable.
C. Goals are activities or actions that a person
plans to complete. Often as one goal is met,
another goal is set. Wants and needs are used
to reach each goal.
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11. What causes our wants and
needs to change as we age?
D. Life tasks are those challenges a person
meets, completes, and perhaps overcomes
throughout the stages of life.
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12. What causes our wants and
needs to change as we age?
E. Budget (finances) may in part determine the
goals and life tasks that a person tackles
and completes. In some cases, there must be
a trade-off (an exchange of one thing to
receive something else) to accommodate
wants and needs. For example, “I really want
that designer handbag, but it would mean
skimping on groceries for a month or
putting the purchase on my credit card. I’ll
wait to purchase the bag when I can pay
cash.”
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