Market economies are not constrained by scarcity; only planned economies have that problem.

Name: Market economies are not constrained by scarcity; only planned economies have that problem.
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All economies, whether market or planned, are constrained by scarcity. Scarcity is the condition of having to choose among alternatives because the resources necessary to satisfy all wants and needs are limited. This is a fundamental economic problem that all societies must face.

Market Economies Are Not Constrained by Scarcity; Only Planned Economies