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Answer to Question #325644 in Economics of Enterprise for Thato

Question #325644

The fundamental economic problem society is confronted with involves?


1
Expert's answer
2022-04-08T09:03:32-0400

The fundamental economic problem faced by all societies is Scarcity. The economic resources are insufficient to satisfy human wants and needs. Human wants are unlimited, but the means to satisfy human wants are limited. Scarcity affect the economic growth of the country.


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