What term describes goods that are purchased primarily to add comfort or pleasure to life?

The term that describes goods purchased primarily to add comfort or pleasure to life is "wants." Wants are different from necessities, which are essential items required for basic survival, such as food, water, and shelter. While necessities are critical for day-to-day living, wants are items that enhance our lifestyle and provide enjoyment or satisfaction but are not essential for survival.

Understanding the distinction between these terms is important in business management, as it helps in analyzing consumer behavior and market demand. Businesses often target their marketing strategies based on whether their products fulfill a need or a want. The focus on wants allows companies to create products that appeal to consumers' desires, contributing to trends, luxury markets, and non-essential goods.

Durable goods refer to long-lasting items like appliances or furniture, which differ in purpose from wants, and capital goods are the machinery or tools businesses use to produce products. Consequently, "wants" is the most accurate term for goods that primarily enhance comfort and pleasure in life.