Answer:
Scarcity is the central economic problem in all societies, irrespective of the type of economic system.". Discuss. Scarcity is the inability to satisfy all wants of due to a lack in resources or supply, where human want exceeds the output this can lead to something becoming scarce.
Explanation:
Scarcity is the central economic problem in all societies, irrespective of the type of economic system.". Discuss. Scarcity is the inability to satisfy all wants of due to a lack in resources or supply, where human want exceeds the output this can lead to something becoming scarce.
