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What is economic problem? Why does …

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What is economic problem? Why does it arise?
  • 3 answers

Ravi.....✌️ Ivar......? 6 years, 7 months ago

You are studying commerce stream....

Ravi.....✌️ Ivar......? 6 years, 7 months ago

Economic problems arises because of the scarcity of resources and resources have there alternative uses. An economic problem is basically the problem of choice which arises because of scarcity of resources. Human wants are unlimited but means to satisfy them are limited.

Bharti Bhatia 6 years, 7 months ago

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