Economy, asked by ironmwn7570, 10 months ago

Why does an economic problem arise? Explain brainly a answer?

Answers

Answered by RapMonster1994
1

Goods and services that satisfy human wants are produced with the help of resources such as land, labour, capital and enterprise. These resources are scarce while wants are unlimited. Due to scarcity of these resources, an economy cannot produce all that goods and services as required by its citizens.

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