Scarcity is the mother of all economic problems. Do you agree? If so, how? describe in 350 words ( bba)
Answers
Answered by
8
SCARCITY IS THE MOTHER OF ALL THE EVONOMIC CAUSES THIS IS BECAUSE DUE TO THE SCARCITY THE RESOURCES WHICH ARE REQUIRED TO FULFILL THE HUMAN NEEDS WOULD ALSO BECOME LIMITED TO USE THIS IS WHY IT IS THE TOOT CAUSE OF ECONOMIC PROBLEMS
Answered by
16
Explanation:
It is only because of scarcity of resources that economic problems exist. ... Resources are limited and have alternative uses, and human wants are unlimited. This means that they can be employed for the production of different goods.
Similar questions