11-16-05 Paper #4 - Isenberg 1 Russell Isenberg Dr....

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Isenberg 1 Russell Isenberg Dr. Kowalski English 125 22 November 2005 Need? What is a need? In today’s society, one might argue that needs have been blown out of proportion. While this is true, what these people do not think about is that society has changed, along with the definition of a need. The dictionary definition of a need is a “necessity” or “a condition or situation in which something is required…” (Need). While this is the dictionary term, people do not realize that the definition changes over time, especially so in our generation. The definition of a need has been severely changed for our current generation, ages 10-20. One major element that is not included in the argument is that the definition of a need is partially based upon a person’s income. If a person makes more money, they will be more likely to spend money on things they now consider needs, instead of wants. Given the happiness index involved in economics, when a person’s real wage is larger than expected, they are likely to spend more money. These new objects that they spend money on are going to be newly turned needs.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/26/2008 for the course ENG 125 taught by Professor Escudero during the Fall '08 term at University of Michigan.

Page1 / 4

11-16-05 Paper #4 - Isenberg 1 Russell Isenberg Dr....

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online