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The main economic problem (sometimes known as TheEconomic Problem) is that the desire for most goods and services far exceeds the quantity available; that is, there is scarcity. For this reason, resources, goods and services are allocated based upon people's willingness and ability to pay for them (though this may vary depending on the economic system of an area/country).
What else can I help you with?
How can you find out what social political and economic problems exist right now in the world today?
WE CAN FIND OUT THROUGH THE NEWS AND NEWGLOBALCITIZENS.ORG/
What are the economic problems involved with quarrying limestone?
makes the world end
What is the dominant economic force in the world today?
The dominant economic force at the present is the United States and/or capitalism.Source of answer: Economic textbook to "provide preperation for the world of finance."
Economic problems in other parts of the world have a tremendous impact on US companies?
True
What development allowed the American economy to be affected by economic problems in other regions of the world?
Globalization
How can you find out what social political and economic problems exist right now in the world today?
WE CAN FIND OUT THROUGH THE NEWS AND NEWGLOBALCITIZENS.ORG/
How economic world history?
economic world today is just like a barter system.
What is the dominant economic force in the world today?
The dominant economic force at the present is the United States and/or capitalism.Source of answer: Economic textbook to "provide preperation for the world of finance."
What are the economic problems involved with quarrying limestone?
makes the world end
What resulted from the panic of 1873?
Economic problems and depression around the world
What problems did Woodrow Wilson face when working to rebuild Europe after world war 1?
there was economic problems and he could noy afford it. economic: food, shelter, life.
What resulted from the panic 1873?
economic problems and depression around the world (apex)
What issues are banks facing today?
They are facing the "World Economic Downturn".
What is the economic ranking of Japan?
the 3rd in the world i think
What problems did the U.S. face entering World War 1?
After the World War 1, the United States was faced with economic problems. The country had to train, educate, and employ the people.
Economic problems in other parts of the world have a tremendous impact on US companies?
True
How do the current economic problems of the former Soviet Union pose a threat to the world?
because
