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"There would have been no economic …

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"There would have been no economic problem, if resources were not scarce" defend or refute.

    • Posted by Nitin Jain 6 years, 7 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Vrinda Murarka 6 years, 7 months ago

    I will refute because scarce resources are not the only reason for economic problem Economic problem arises due to unlimited wants and alternative uses of resources

    2Thank You

    Shivangi Goel 6 years, 7 months ago

    Yes.. I will defend the above statement.. Economic problem arises out of the fact that resourses are scare . So in case when resourses were not scared, there would have been no economic problem..

    1Thank You

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