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The fundamental economic problem in every society is

The fundamental economic problem in every society is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A The large number of the unemployedLimited supply of productive resources
  • B Inadequate supply of money
  • C Corruption and mismanagement
Correct Answer: Option A
Explanation:
The fundamental economic problem facing all societies is the problem of scarcity or limited resources to satisfy human wants. As we all know, human wants and unlimited, and the resources meant to satisfy these needs are less than required.

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