Economy, asked by akashakash44778, 2 months ago

scarcity is a root of all economic problems . ' explain in statement​

Answers

Answered by ruqayyahsoud
1

Answer:scarcity is the root of all economic problems because ;

Explanation:human wants are unlimited (many) while the resources available are limited (few and scare) but they have alternative uses meaning that we human beings have many wants than the available resources which are in economic circulation that is way scarcity is the key problem in the economy.

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