Economy, asked by fidhaf870, 6 months ago

what is the foundation stone of economics

Answers

Answered by AadishreePradhan

1

Answer:

These wants have to be satisfied with consumption of goods and services. ... If means like ends were unlimited there would be no economic problem as all wants (whether limited or unlimited) could be satisfied. THEREFORE MULTICIPLITY OF ENDS & SCARCITY OF MEANS. ARE THE TWO FOUNDATION STONES OF ECONOMIC SCIENCE.

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