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Because countries continuously struggle to address this very economic fact: how to effectively and efficiently manage limited resources that they have.
define economic problem
Since Germany did not fare well at the end of WW1, they had to pay 132 billion marks to the winners. This was to keep the nation from growing and was followed by hyperinflation. Under these circumstances, Germany was an economic disaster.
the consequences of the economic problem
Pigou
Because countries continuously struggle to address this very economic fact: how to effectively and efficiently manage limited resources that they have.
economic depression
define economic problem
it can be solve by if we can enhance to use more and more natural resources and decrease the chemical things which can pollute our enviroment
Since Germany did not fare well at the end of WW1, they had to pay 132 billion marks to the winners. This was to keep the nation from growing and was followed by hyperinflation. Under these circumstances, Germany was an economic disaster.
the consequences of the economic problem
Pigou
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scarcity is the universal economic problem.
voucher economic problem
Economic system are created by people to deal with the problem of?
What is the central economic problem