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There are an astonishing number of factors that are beyond the scope of this site, but primarily anything economic comes back to supply and demand. When things get off kilter with the money going around, people start to worry, and chain reactions set in. That's pretty common, and sometimes really bad. Think, 1929...
Wiki User
∙ 13y ago
Wiki User
∙ 13y agohuman wants exceed the resources available to satisfy them. The conflict between unlimited wants and limited resources.
Wiki User
∙ 12y agoAnswer A: Demand usurps Supplies; and
Answer B: Supplies usurp Demand.
Contiguous with both of the above is Price, Cost, Actual Value and Perceived Value.
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What is the fundamental fact of life from which all economic problems arise?
wants cannot be satisfied.
Four criteria for judging economic outcomes?
efficiency, equity, economic growth, and stability
All economic questions arise because of what?
All economic questions arise because of SCARCITY OF RESOURCES.
What are the Four key economic problems?
economic issues arise only due to two reasons. 1. Human wants are unlimited. 2. Means to satisfy human wants are scarce.
Why did economic problem arise because man is compelled to choose?
scarcity
What is the fundamental fact of life from which all economic problems arise?
wants cannot be satisfied.
Four criteria for judging economic outcomes?
efficiency, equity, economic growth, and stability
All economic questions arise because of what?
All economic questions arise because of SCARCITY OF RESOURCES.
What are the Four key economic problems?
economic issues arise only due to two reasons. 1. Human wants are unlimited. 2. Means to satisfy human wants are scarce.
which term describes the process of making an economic decision by considering both the advantages and the problems that might arise from the decision?
Cost-benefits analysis
How did the war affects Americas economic situation?
It created economic problems .
What are the problems that arise due to amalgamation of firms?
problems relating to amalgamation
What were some problems that might have or did arise?
MaCokBurn
Is it true If there is not order problems will arise?
true
What is the meaning of Economic Problems?
Economic Problems means trouble in the Economy
Why did economic problem arise because man is compelled to choose?
scarcity
What types of problems arise when supervising an office facility and how would you deal with them?
What types of problems arise supervising an office facility and how would you deal with them. Can you give me some ideas as to what to write ??
