Social Sciences, asked by hitheshvarma98021, 7 months ago

The problems the study of economics will help us to solve

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Answered by subhalaxmiswain69

0

Answer:

In this sense economics is the study of the allocation of scarce resources to alternative ends. The problem of scarcity arises because human wants are numerous and the means to satisfy them are limited. ADVERTISEMENTS: ... For this, the economic system must solve five basic problems which we discuss one by one.

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