Question

Discuss the economic problems faced by an engineer with suitable examples

Answer 1

The engineering industry acts as a catalytic agent for overall economic ... Owing to the problem of security most of the units could not ... Anlong the sample entrepreneurs in the metal.

Examples of economic problems. The fundamental economic problem is the issue of scarcity but unlimited wants. Scarcity implies there is only a limited quantity of resources, e.g. finite fossil fuels

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