Question

why is scarcity the reason of economic problem?​

Answer 1

HEY MATE THIS IS UR ANSWER

Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. ... Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.

Answer 2

$\huge{\bold{\ynderline{❥Answer:}}}$

Scarcity or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.

_____________________

Hope It's Helps You ✔️

_____________________