Economy, asked by mrnitesh246singh, 1 month ago

what is the basic cause of economic problems ?​

Answers

Answered by Anonymous
0

Causes of Economic Problem

Scarcity of resources: Resources like labour, land, and capital are insufficient as compared to the demand. Therefore, the economy cannot provide everything that people want. Unlimited Human Wants: Human beings' demands and wants are unlimited which means they will never be satisfied.

hope it helps

Answered by Mbappe007
0

Answer:

Causes of Economic Problem

Scarcity of resources: Resources like labour, land, and capital are insufficient as compared to the demand. Therefore, the economy cannot provide everything that people want. Unlimited Human Wants: Human beings' demands and wants are unlimited which means they will never be satisfied.

Explanation:

Similar questions