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1 July, 11:05

Describe the central economic problem facing all humans

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  1. 1 July, 12:44
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    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.

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    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.
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