Human needs seem endless.When a hungry man gets a meal, he begins to think about an overcoat; when a manager gets a sports car, a big house and pleasure boats dance into view. The many needs of mankind might be regarded as making up several levels. When there is enough money to satisfy one level of needs, another level appears.
The first and most basic needs involves food. Once this level needs is satified, the second level of needs ,clothing and some sort of shelter, appears. By the end of WORLD WAR two, these needs were satisfied for great majority of Americans. Then the third level appeared. It included such items as automobiles and new houses.
By 1957 or 1958, this third level of needs was fairly well satisfied.Then, in the late 1950s, a fourth level of needs appeared: the "life -enriching" level. While the other levels involve physical satisfaction, that is ,feeding, comfort, safety, transportation , this level stresses mental needs for recognition , achievement and happiness. It includes a variety of goods and services, many of which could be called "luxury" items, Among them are vacation trips, the best medical and dental care ,and recreation. Also included here are fancy goods and the latest styles in clothing.
On the fourth level ,a lot of money is spent on services, while on the first three level , more is spent on goods. Will consumers raise their sights to fifth level of needs as their income increases, or will they continue to demand luxuries and personal services on the fourth level?
The fifth level would probably involve needs that can be achieved best by community action. Consumers may be spending more on taxes to pay for government action against disease ignorance, crime and prejudice. After filling our stomachs, clothes closets, our garages, and our teeth and our minds, we now may seek to ensure the health, safety , and leisure to enjoy more fully the goods on the first four level.
