Economy, asked by parveenbushra375, 9 months ago

scarcity causes economics problem. how?

Answers

Answered by amalajith75
0

Explanation:

Resources such as land, labour and capital are limited in relation to their demand and economy cannot not produce all that people required to satisfy themselves. ...

If there is abundant or sufficient resources then there will not be any problem in an economy. Hence, scarcity leads to economic problem.

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