10+ Economics Gk Questions with Answers - 2

Question: 6

Can we satisfy all our wants with limited income?

No

Question: 7

What was the reason for great depression in America?

Plenty in Production

Question: 8

What are the illegal activities called?

Social bad

Question: 9

Give two examples for durable goods?

A house and a car

Question: 10

What will lead, when our wants are unlimited but the means are limited?

Choice- making

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