Answer to Question #1563 in Economics of Enterprise for kamales
Study of economics depends on existence of scarcity. The phenomenon of scarcity determines the development of new trends and theories that enable you to analyze and control the economy in the scarcity. Great importance has the deficit to achieve government goals and improve the economic situation in the country. Effective management allows minimizing public costs and losses and getting more profits.
The phenomenon of scarcity leads to appear of notion of budget scarcity or good scarcity. And this leads to creating the theories for studying, regulating, using and overcoming the relevant phenomena
The phenomenon of scarcity is another element of the economy and allows you to explore it (economy) in all its integrity and versatility
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