why does an economic problem arise

1. unlimited human wants

2. limited resources

3.alternative uses of resources

  • -1

it is a problem of scarcity 

1. unlimited wants 

2. limited resource

3.alternative uses of resources

  • 9

it is because

resources are limited

human wants are unlimited

nd resources have alternative uses

  • -2

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.

  • 7

1. unlimited wants

2. limited resource

3.alternative uses of resources

  • 4

 1. human wants is unlimited,

2.limited resoures

3.alternative uses 

4.choice of resoures

  • -1
economic problem arise due to the presence of scarcity
  • 1
Economic problem arise due to scarcity of resources in relation to their demand.
  • -2
Economic problems arises because the available resources are scare in relation to the unlimited wants for goods and services.
  • -1
economic problem meas problem of choice arise due to...
1. unlimited wants and
2. limited resources / income
 from kishor chauhan
  • -2
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
  • -1
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
  • 1
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
  • -2
1) Scarcity of resources 2) unlimited human wants 3) can be put to alternative uses 4) wants differ in intensity
  • -1
An economic problem arises because we have to satisfy unlimited wants out of limited resources having alternative uses
  • 1
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