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Scarcity In The Canadian Economy
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Canadian economy is facing an economizing problem – Scarcity. This happens when the material wants are virtually unlimited and insatiable, while economic resources – the means of producing goods and services – are limited or scarce. It is quite true that in our affluent society resources are more plentiful that they have been for any other ....
Middle of paper ....ervices consumers want, hire the necessary resources. But some of the solutions given by the market are not acceptable, so Canadian governments intervene and impose different ones. The Canadian economy, then, is a mix economy system, with the market system predominating.
There are some ways to solve this problem. First, Canada must employs all its .... |
Word count: 692 |
Page count: 3 |
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