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What is the main cause of all economic problems?
Abundance
Convenience
Scarcity
None of these
- Option 1: Abundance
- Abundance means having plenty of resources.
- It's not typically a cause of economic problems; rather, it would fulfill needs.
- Option 2: Convenience
- Convenience relates to ease of access or use.
- While important, it's not a root cause of economic problems.
- Option 3: Scarcity ??
- Scarcity means limited resources to meet unlimited wants.
- It's the fundamental economic problem driving supply and demand.
- Forces choices and prioritization in economies.
- Option 4: None of these
- Suggests none of the listed options are correct.
- Not applicable here as scarcity is the primary issue.
Your Answer: Option 3 - Scarcity.
By: santosh ProfileResourcesReport error
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