Economy, asked by ranuj0021, 1 month ago

mention the causes of economic problems faced by an economy

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Answered by taetaeOT7

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.

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mention the causes of economic problems faced by an economy​

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mention the causes of economic problems faced by an economy