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pranav chandra

economics

Present wants are more important than the future wants'. Justify this statement with the help of an appropriate example from you daily life.

Posted in Economics, asked by pranav chandra, 6 years ago. 1887 hits.

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The reason being that present is definite and future is indefinite . For example if you like a pair of jeans at a shop. You can buy it at present. But if you do not buy it now but come to buy after a one month either that jeans may not be available are its price might go up.

Owing to uncertain future you attach greater significance to the present.

 

Sujeeth Ganta
Sujeeth Ganta - 5 years ago
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