Question

What is the want-satisfaction chain

Answer 1

Answer:

(i'm pretty sure this is what you're talking about)

The want-satisfaction chain has 7 terms:

1. Human wants

2.  Require people to combine resources of land, labor, and capital

3.  In the process of production

4 . Results in goods and services

5 . Goes through distribution

6 . Goods are available for consumption

7 . Results in want satisfaction