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Why do countries with different economic systems face the same fundamental economic problems?
Wiki User
∙ 11y ago
The central problem in economics is that resources are scarce and have alternative uses, but our wants are without limits! Therefore not all of our wants can be satisfied. We must therefore choose what goods and services to produce and therefore which of our many wants to satisfy.
Wiki User
∙ 11y ago
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What is the fundamental fact of life from which all economic problems arise?
wants cannot be satisfied.
What problems did the Asian countries face as the worked toward economic development?
financial problems
Is great Britain having economic problems?
It is now but then so are most countries.
All countries rich or poor large or small face the same basic economic problems and questions?
true
Why do you face economic problems?
Because the US government insists on creating wars and supporting countries that we can no longer afford to subsidize.
What is the fundamental fact of life from which all economic problems arise?
wants cannot be satisfied.
Why is it important for different countries to work together?
Countries have to depend on each other now than in the past to solve economic problems ( Nova Net)
What problems did the Asian countries face as the worked toward economic development?
financial problems
What do economics systems of other countries have in common with the US?
They face the same basic economic problems
What do the economics systems in other countries have in common with the economic system of the us?
They face the same basic economic problems
Is great Britain having economic problems?
It is now but then so are most countries.
Who had to deal with problems in Haiti and Bosnia?
countries that have received economic or military protection from America
Why was kwame nhkrumah overthrown?
many people blamed Nkrumah for the countries economic problems
Other countries could not repay their debts to the US because?
they had their own economic problems
How did the war affects Americas economic situation?
It created economic problems .
What other countries have screen doors besides America?
Australia and other countries that have highish economic levels and problems with insects.
What was the purpose of the united nation?
For countries to discuss and try to resolve word problems or to provide economic aid to many countries.
