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Rubi Grant
Business
11 August, 22:01
What is the basic problem with the economics?
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Antoine Watkins
11 August, 22:25
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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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