Question

economic problem arise because ?

Answer 1

Answer:

All economic problems arises due to unlimited human wants and limited resources. Moreover, these resources have alternative uses and wants keep on increasing each day. This economic problem is also known as problem of choice or the problem of allocating resources to alternative uses.

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Answer 2

Answer:

Economic problem arises from scarcity of resources every economic faces cassity of resources because they want are unlimited and their resources are limited. So this is the reason economic problem arises

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