What is economic problems ? explain in details .
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The economic problem – sometimes called the basic or central economic problem – asserts that an economy'sfinite resources are insufficient to satisfy all human wants and needs. It assumes that human wants are unlimited, but the means to satisfy human wants are limited.
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Hii ...
It is the problem of choice arising out of limited availability of recourses as against unlimited human wants .
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It is the problem of choice arising out of limited availability of recourses as against unlimited human wants .
______________
hope it helps !
@brainliest plz ❤️
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