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The BEP is part of economics
wallah
GANG GANG

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The BEP is that the resource can't

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Lack of access to resources of our needs that are wasted due to the use of our wants

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The Basic Economic Problem is an economy that has finite resources

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Lack of human resource needs.

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The Basic Economic Problem is that need and want is infinite but the resources are limited. For example the people of cape town want water but water has run out in cape town.

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the BEP is when the needs are

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People want MORE of what there is LESS of.

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the resources are not enough to satisfy all human needs and wants

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The basic economic problem is the scarcity of resources. Our planet has limited drinking water.

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The BEP, or the Basic Economic Problem, is the lack/ finite amount of resources available for the population to satisfy their basic needs.

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The basic economic problem (or BEP) is the inability for the world's finite resources to be able to fulfill the human race's infinite wants. An example would be

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The basic economic problem is the problem in which finite resources are being overrun by infinite wants and needs. The central purpose of economics is to find solutions as to fix the basic economic problem.

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Scarcity, or limited resources, is one of the most basic economic problems we face.

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Basic Economic Problem is a lack of resources, also known as scarcity. Economy's finite resources are insufficient to satisfy all human wants and needs.

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assumes that human wants are unlimited, but the means to satisfy human wants are limited.

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(Basic Economic Problem) is a lack of resources. In order to solve this problem we need to determine the value of our needs

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BEP (Basic Economic Problem) is lack of resources also know as scarcity. BEP is when demand > resources. It is important to understand BEP since it

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The BEP is scarcity which is equivalent to lack of resources.  This is the basis of the study of Economics and resource allocation. In order to solve this problem the governments or the world need to determine which needs and wants have more value which will satisfy people as a whole, rather than a small minority.

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The basic economic problem is the lack of resources combined with the unlimited human wants.

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BEP or scarcity is the root of economics. This is when everyone want something but the resources are limited.

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The BEP is a lack of resources for people to use for there needs and wants. Economics it the study of that scarcity and the allocation of resources. Because our needs and wants are unlimited we can never get enough resources. Therefore we need to give certain needs and wants more value than others in order to satisfy them without creating too many problems by not being able to satisfy others.