Enhance your preparation for the IGCSE Business Studies Test with flashcards and multiple choice questions. Every query is paired with tailored hints and explanations to boost your confidence. Prepare thoroughly for your exam!

A want is defined as something that is not necessary for survival but enhances quality of life and provides pleasure or satisfaction. Chocolate fits this definition perfectly, as it is considered a luxury or indulgent item that people enjoy but can live without. It represents desire rather than a basic need.

Housing, food, and water, on the other hand, are considered basic needs essential for survival. While they are necessary for living, chocolate is not essential; it is something people desire as an extra treat rather than as a requirement for health and wellbeing. Therefore, chocolate is the best example of a want among the options provided.

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