1 ) Scarcity of Resources = All the resources are available in a limited manner and continuous usage of them leads to scarcity especially non - renewable ones
2 ) Human need changes to human greed - Human wants are never ending, i.e. they can never be fully satisfied
Answers & Comments
Explanation:
Reason for existence of economic problems are
1 ) Scarcity of Resources = All the resources are available in a limited manner and continuous usage of them leads to scarcity especially non - renewable ones
2 ) Human need changes to human greed - Human wants are never ending, i.e. they can never be fully satisfied