Question

How do different economic

systems help societies deal
with scarcity, and in
what ways?

Answer 1

Economic Growth

Step-by-step explanation:

Economic Growth is an increase in the ABILITY to produce goods and services. ... If we only had more resources we could produce more goods and services and satisfy more of our wants. This will reduce scarcity and give us more satisfaction (more good and services). All societies therefore try to achieve economic growth.

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