the main economic problem faced by all society is mcq
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1
Answer:
Scarcity – fundamental economic problem facing all societies that results from a combination of scarce resources and people's virtually unlimited wants.
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Answer:
Scarcity
Explanation:
The fundamental economic problem faced by all societies is Scarcity. The economic resources are insufficient to satisfy human wants and needs. Human wants are unlimited, but the means to satisfy human wants are limited. Scarcity affect the economic growth of the country.
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