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The economic problem is a permanent problem for human societies. In the immediate future there is neither a limitation of the needs nor a substantial increase in the resources to satisfy needs. On the contrary, indeed, as the pessimistic scholars support the economic problem will become more intense.
Essay with outline on Economic Problems of Pakistan. Pakistan is facing a challenging economic out-look decisive and far-reaching policy action is needed to address this challenging out-look.
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ECONOMICS the branch of knowledge concerned with the production, consumption, and transfer of wealth. the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an exchange economy.
SCARCITY: THE NEED TO CHOOSE Scarcity is the fundamental economic problem of having .Essay economic problem