What is an example of a 'want'?

A 'want' refers to something that is not essential for survival but enhances one's quality of life and provides pleasure or comfort. In this context, a luxury car is a clear example of a want because it does not fulfill a basic necessity. While having reliable transportation can be important, the type of vehicle that one chooses—especially one that is luxury and possibly beyond basic functionality—reflects personal preferences and desires rather than fundamental needs.

Understanding the distinction between wants and needs is crucial. Needs are items or services that are essential for survival, such as shelter, food, and clothing, as these provide the necessary support for one’s health and well-being. In contrast, a luxury car, while may be highly desirable, is not necessary for survival and serves more as a status symbol or a means of enjoyment, positioning it firmly in the 'want' category.