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25 December, 16:24

What is the basic problem with the economics?

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  1. 25 December, 19:33
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    Scarcity

    The Basic Problem - Scarcity

    Scarcity, or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants. Therefore, we have to choose.
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