Economy, asked by mahesh272717, 10 months ago

how scarcity causes economic problems ​

Answers

Answered by rishika79
16

Answer:

Explanation:

An economic problem mainly arises because resources are scarce in relation to our needs. Resources such as land, labour and capital are limited in relation to their demand and the economy cannot not produce all that people required to satisfy themselves

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Answered by raman4199
9

Answer:

Scarcity is the main problem of a countyrs development

Scarcity will lead to economic loss of a country if there will be loss of country resources, money, etc.

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