economic problem is the cause of scarcity.defend

Question

related to economic

Answer 1

I think you have this question slightly inverted.  It almost certainly is "Scarcity is the cause of the economic problem".

The entire discipline of economics is based on the idea that there are essentially unlimited wants in the economy (by individuals and groups) and there are only limited resources to achieve those goals.  Even if there were no other constraints, everyone only has 24 hours in a day, and there is only one planet to live on!

Answer 2

Scarcity is what economics revolves around. We all have unlimited wants, but because we have scare money and time, we need to determine which of those wants to defent.  Economics helps to make this decisions by looking at the incentives that entice us to choose some wants over others.