Economy, asked by vahileabhishek4584, 8 months ago

Scarcity of resources exist

Answers

Answered by riyasharma92184
5

Answer:

Why does scarcity always exist? ... Scarcity means there aren't enough resources to go round. This is because of the basic economic problem: humans have infinite needs and wants, but only have a finite amount of resources to meet them. The world does not have an infinite repository of things we want and the things we need.

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