Question

what are the fundamental problems of an economy ​

Answer 1

Explanation:

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.

Answer 2

Answer:

Basic Economic Problem

• 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.
• 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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