the three main reasons for economic problem
Answers
Answered by
6
Answer:
Causes of Economic Problem:
(i) Unlimited Wants: ADVERTISEMENTS: ...
(ii) Limited Resources: In economics, scarcity means that commodities and resources to produce goods and services are less in relation to their demand. ...
(iii) Alternative Uses of Resources: Means are not only limited but also have alternative uses.
Answered by
2
Explanation:
The causes of economic problems are :
(i) Unlimited Wants: wants are unlimited in nature.
(ii) Limited Resources: In economics, scarcity means that commodities and resources to produce goods and services are less in relation to their demand. ...
(iii) Alternative Uses of Resources: Means are not only limited but also have alternative uses.
Similar questions