Economy, asked by thanushree59, 3 months ago

scarcity is the root of all economic problems explain the statement. i need more explanation for 4marks

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Answered by yaashitha4108

0

Answer:

It is true that the scarcity is the root of all economic problems. ... We face scarcity because the things that satisfy our wants are limited in availability. Further, the resources which the producers have are limited and also have alternative uses.

Answered by anurag21286

1

Answer:

It is true that the scarcity is the root of all economic problems. ... We face scarcity because the things that satisfy our wants are limited in availability. Further, the resources which the producers have are limited and also have alternative uses

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