Difference Between Desire And Demand
The main dissimilarities or difference between desire and demand can be highlighted as follows:
1. Meaning
Desire: Feeling or wish to own or get something
Demand: Feeling and wish to get something plus ability and willingness to pay
2. Nature
Desire: It is fictional or unethical in nature
Demand: It is realistic in nature
3. Ability To Pay
Desire: Not required
Demand: Required
4. Willingness
Desire: Not required
Demand: Required
5. Limit
Desire: It has no limit
Demand: It is limited
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6. Resources Required
Desire: It does not require any resources
Demand: It requires resources to fulfill the demand
7. Example
Desire: If a poor person wish to have a luxurious house, it is desire
Demand: If a rich person wants to have a luxurious house, it is demand
I hope this post is helpful to understand the difference between desire and demand and to make comparison between them.
Desire Vs Demand (Comparison Chart)
Basis For Difference
|
Desire
|
Demand
|
Introduction
|
Wish or feeling to own or get something
|
Feeling to own something and willingness and ability to pay
|
Fictional
|
Realistic
|
|
Ability To Pay
|
Not necessary
|
Necessary
|
Willingness
|
Not necessary
|
Necessary
|
Limit
|
No
|
Yes
|
Resources
|
Not required
|
Required
|
Example
|
Poor person's wish to have a car
|
Rich person's wish to have a car
|
I hope this post is helpful to understand the difference between desire and demand and to make comparison between them.
