Economy, asked by Thashin312, 1 month ago

what gives rise to an economic problem​

Answers

Answered by ItzSunshineHere
32

Explanation:

Economic problem arises from the scarcity of resources relative to human wants. Thus unlimited wants and scarce resources lead to the origin of the basic economic problem in all types of economies, rich or poor.

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Answered by artidas200685
1

Answer:

I gives you 3 reasons

Explanation:

1.Wants of the people are unlimited.2 Resources are limited.3 Resources have alternative uses. For Whom to Produce means that how should output produced be distributed among people. How much output will each person get depend on the income of the person Therefore the problem amounts to how should income be distributed in the society.

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