0
Scarcity is the fundamental economic problem of having seemingly unlimited human needs and wants, in a world of limited resources. It states that society has insufficient productive resources to fulfill all human wants and needs. ...
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoeconomic problem of having humans who have unlimited wants and needs in a world of limited resources.
Add your answer:
Earn +20 pts
Whi is scarcity important in economics?
Scarcity is the fundamental basis of economics. Without scarcity, there would be no economy.
Why does the economics is social science?
economics is a science of scarcity
Which of these controls economics?
scarcity
What does economics examine?
scarcity
Who is the mother of economics?
scarcity
Whi is scarcity important in economics?
Scarcity is the fundamental basis of economics. Without scarcity, there would be no economy.
Why does the economics is social science?
economics is a science of scarcity
Who is the eminent of economics?
Scarcity
Who is the mother of economics?
scarcity
Which of these controls economics?
scarcity
What does economics examine?
scarcity
What economics examine?
scarcity
Does economics examine?
scarcity
Who is Mother of economics?
scarcity
How does the study of economics depend upon the phenomenon of scarcity?
Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi
What is the relationship between economics and scarcity?
sgffhggjgjr
Economics is controled by which of these?
Scarcity A+ sucks TAO
