how scarcity causes economic problems
Answers
Answered by
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
Hope it helps you.. . .
Have a great day.. . .
Thanks
Answered by
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.
Hope it might helps you. Please mark it as the brainlist answer
Similar questions