Question

mention the causes of economic problem​

Answer 1

Answer:

Causes of Economic Problem:

(i) Unlimited Wants: ADVERTISEMENTS: ...

(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: Means are not only limited but also have alternative uses.

Answer 2

Answer:

• Unlimited Wants: ADVERTISEMENTS
• Limited Resources: In economics, scarcity means that commodities and resources to produce goods and services are less in relation to their demand.
• Alternative Uses of Resources: Means are not only limited but also have alternative uses.