Economic Resources And Systems Why Do All Nations Face The Problem Of Scarcity Business And Finance Help

  1. Why do all nations face the problem of scarcity?
  2. Identify one similarity and one difference between labor and entrepreneurial resources.
  3. List five different natural resources How does a market system decide what will be produced?
  4. In a market system, what determines how many goods and services an individual can buy?
  5. Some nations can produce more goods with fewer workers than other countries that have more workers. How can that be true?

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