The characteristic from which all economic problems arise is
A) political decisions.
B) providing a minimal standard of living for every person.
C) how to make a profit.
D) hunger.
E) scarcity.

Question

Quizplus · Accepted Answer

Economic problems arise from scarcity, which means that the resources we have are limited while our wants and needs are unlimited. This creates a situation where we need to make choices and trade-offs, and it's the root of all economic problems. The other options may be related to specific economic problems, but they don't represent the fundamental characteristic that drives them.

The Characteristic from Which All Economic Problems Arise Is