The questions like what? how? and for whom? arise due to the existence of ______.

scarcity of resources

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capitalism

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government control

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inequality of income distribution

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Solution

The correct option is A scarcity of resources
The economic problems of what, how and for whom to produce arises because the resources in the economy are scarce. The resources present in the economy are limited but the demand for them is unlimited. Due to this, wants of people remain unsatisfied. As a result, goods are not available and the economic problems related to the allocation of distribution of resources arises.

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