In most societies, resources are allocated by

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04-08-2017
Business

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In most societies, resources are allocated by

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ahmedishaal ahmedishaal · Answer 1 · 2017-08-10T11:53:12+02:00

ahmedishaal ahmedishaal

10-08-2017

In most societies, resources are allocated by the combined action of millions of households and firms.
Resources are very important to setup and build societies. Resources are scare and this is the reason why societies and households faces many decisions. How societies manage scare resources, we study this in economics.

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