What are the Central Economics problems..??
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The fundamental economic problem is the issue of scarcity and how best to produce and distribute these scare resources. Scarcity means there is a finite supply of goods and raw materials. Finite resources mean they are limited and can run out.
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Bonjour, mon ami!
Here is a quick answer:
1. Scarcity – fundamental economic problem facing all societies that results from a combination of scarce resources and people's virtually unlimited wants. Its the main Central economy problem in the world today.
Au revoir!
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