whaat is economic problem
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The economic problem – sometimes called the basic or central economic problem – asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. ... Things such as food and clothing can be classified as either wants or needs, depending on what type and how often a good is requested.
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The economic problem – sometimes called the basic or central economic problem – asserts that an economy's finite resources are insufficient to satisfy all human wants and needs. ... Things such as food and clothing can be classified as either wants or needs, depending on what type and how often a good is requested.
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