Social Studies
Danielleandgran
34

Describe what scarcity is and how it is the basic economic problem. Explain how societies seek to solve this problem. Include in your answer a discussion of the three basic economic questions and opportunity costs.

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(1) Answers
nourezeidan

Scarcity is considered an economics problem with human wants or desires with limited resources, since we have limited resources not everyone can have what they want.

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