why does an economy problem arise.Explain.
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Economic problems arises because of the scarcity of resources and resources have there alternative uses. An economic problem is basically the problem of choice which arises because of scarcity of resources. Human wants are unlimited but means to satisfy them are limited
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example is the current situation corona
Explanation:
Economic problems arises because of the scarcity of resources and resources have there alternative uses. An economic problem is basically the problem of choice which arises because of scarcity of resources. Human wants are unlimited but means to satisfy them are limited.
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