Question

scarcity is at the root of the problem of choose which every economy has to face discuss?​

Answer 1

Answer:

EduRev Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose. ... We have to do those things because resources are limited and cannot meet our own unlimited demands.