Economy, asked by shafiquezainab82, 4 months ago

what is meant by economic problems ? Does economic exists? ​

Answers

Answered by vermanushka7487
1

Answer:

All societies face the economic problem, which is the problem of how to make the best use of limited, or scarce, resources. The economic problem exists because, although the needs and wants of people are endless, the resources available to satisfy needs and wants are limited.

Answered by ItsAngelAnu
8

Answer:

All societies face the economic problem, which is the problem of how to make the best use of limited, or scarce, resources. The economic problem exists because, although the needs and wants of people are endless, the resources available to satisfy needs and wants are limited.

Explanation:

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