mention any two cause of economic problems
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Answer:
Unlimited Wants. Human wants are unlimited in numbers. ...
(ii) Limited Resources: In economics, scarcity means that commodities and resources to produce goods and services are less in relation to their demand. ...
(iii) Alternative Uses of Resources
Answered by
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Answer:
goods and services that satisfy human wants are produced with the help of resources land labour capital and enterprise
these resources are scare while wants are unlimited. due to scarcity of the resources an economy can produce all the goods services by required by its citizens
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