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Bhavesh Lalwani , asked a question
Subject: Economics , asked on 24/7/15

why does an economic problem arise

Joshi Philip , added an answer, on 27/5/12
7 helpful votes in Economics

An economic problem arise because of two primary causes:

i) Human wants are unlimited with different priorities

ii) Economic resources are scarce which are not specific in its use but have alternative uses.

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Sangram Singh , added an answer, on 16/5/12
5 helpful votes in Economics

it is a problem of scarcity 

1. unlimited wants 

2. limited resource

3.alternative uses of resources

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Gitika , added an answer, on 8/2/17
Economic problems arises becoz our resources are limited but human wants are unlimited. In other words resources are scarce in relation to our wants which lead to emergence of economic problms
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Nishi , added an answer, on 6/2/17
92 helpful votes in Economics
Economic problems arises due to unlimlited wants of human beings as their one wants satisfied another emerges.this is due to the scarity of resources.sacrity is the cause of all economic problems
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Mary Catherine , added an answer, on 9/3/17
Scarcity is the root of all economic problems.Scarcity of resources and alternative uses of resources leads to the problem of choice and this in turn leads to problem of allocation of resources.These problems are the problems of an economy
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Kishor Chauhan , added an answer, on 24/7/15
1 helpful votes in Economics
economic problem meas problem of choice arise due to...
1. unlimited wants and
2. limited resources / income
 from kishor chauhan
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Simran Malik , added an answer, on 6/5/15
2 unhelpful votes in Economics
economic problem arise due to the presence of scarcity
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Aditya Panchal , added an answer, on 7/7/12
89 helpful votes in Economics

1. unlimited wants

2. limited resource

3.alternative uses of resources

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Cool Boy , added an answer, on 27/5/12
2 helpful votes in Economics

it is because

resources are limited

human wants are unlimited

nd resources have alternative uses

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Dilkash Rahat , added an answer, on 13/4/13
1 unhelpful votes in Economics

 1. human wants is unlimited,

2.limited resoures

3.alternative uses 

4.choice of resoures

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Brijesh Negi , added an answer, on 16/5/12
1 unhelpful votes in Economics

1. unlimited human wants

2. limited resources

3.alternative uses of resources

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Swapnil Raj , added an answer, on 14/6/15
12 helpful votes in Economics
Economic problems arises because the available resources are scare in relation to the unlimited wants for goods and services.
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Rishabh Jain , added an answer, on 12/5/15
1 unhelpful votes in Economics
Economic problem arise due to scarcity of resources in relation to their demand.
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